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- LoopNet Team
525 N Frankford Ave
Lubbock, TX 79416
NNN INVESTMENT BUILDING FOR SALE · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 525 N FRANKFORD AVE , LUBBOCK, TX 79416
Unique investment opportunity offering an absolute NNN (10) year lease with (2) Five year renewals. The current tenant owns 10 local learning centers and controls about 80% of the child care market in the Lubbock area. The subject property features a 13,084 SF building located on Frankford Avenue between Erskine & 4th Street in growing Northwest Lubbock . Property neighbors the Shadow Hills golf course, newly built United Supermarket, Wal-mart, and several new residential housing developments. Easy access to Loop 289 & Clovis Highway 84. Property was upgraded in 2015 with (2) new HVAC systems, kitchen equipment, play ground, landscaping & equipment, sprinkler system, and a security alarm/video system with a key fob.
PROPERTY TAXES
| Parcel Number | R102495 | Improvements Assessment | $700,932 |
| Land Assessment | $261,088 | Total Assessment | $962,020 |
PROPERTY TAXES
