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- LoopNet Team
5255 79th St
Lubbock, TX 79424
Abbeville Dentistry · Office Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 5255 79TH ST , LUBBOCK, TX 79424
REK Investment Group is pleased to offer for sale Abbeyville Dentistry, a 4,702 SF freestanding, Single Tenant retail property located in Lubbock, Texas. The ten year NNN lease has approximately 3 years remaining on the initial term with 2% increases annually. The lease features 5 - (10) year Option Periods, also with 2% increases annually throughout the term of the lease, offering investors steady NOI growth. The Absolute NNN Lease requires the tenant to be responsible for taxes, insurance, and repairs (including roof & structure). The subject property is ideally located across from the Irons Middle School and Whiteside Elementary School having a combined enrollment of 1,200+ students. It is one minute from Slide Road with traffic counts of 36,000+VPD, and less than a mile from Texas Loop 289 with traffic counts of 81,000+VPD. The subject property is in close proximity to national retailers including McDonald's, Dairy Queen, KFC, Tropical Smoothie, Joanne Fabrics and Ace Hardware.
PROPERTY TAXES
| Parcel Number | R83104 | Improvements Assessment | $498,157 |
| Land Assessment | $147,710 | Total Assessment | $645,867 |
PROPERTY TAXES
