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5610 58th St
Lubbock, TX 79424
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- High Traffic Counts
- Low Maintenance
- Reliable Tenant
EXECUTIVE SUMMARY
This property at 5610 58th Street in Lubbock offers a stable, income-producing opportunity in a highly visible and well-traveled location. The 3,000 square foot building sits on approximately 0.69 acres and is occupied by an established auto dealership that has operated at this location since 2017. The tenant recently renewed their lease for the term of October 1, 2025 through September 30, 2028, providing continued reliability and consistent cash flow.
The property is positioned just off West Loop 289 in a high-traffic corridor, offering excellent exposure and convenient access. Ownership currently pays for taxes and insurance, creating a straightforward and easily managed investment structure.
This asset is well suited for investors seeking a long-term tenant in a strong Lubbock commercial location. Contact Agent for more information/showing instructions.
The property is positioned just off West Loop 289 in a high-traffic corridor, offering excellent exposure and convenient access. Ownership currently pays for taxes and insurance, creating a straightforward and easily managed investment structure.
This asset is well suited for investors seeking a long-term tenant in a strong Lubbock commercial location. Contact Agent for more information/showing instructions.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
3,000 SF
Building Class
C
Year Built
1997
Price
$800,000
Price Per SF
$266.67
Cap Rate
8.12%
NOI
$65,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.69 AC
Zoning
Light Commercial (LI) - Light Commercial (LI)
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | R147399 | Improvements Assessment | $239,748 |
| Land Assessment | $135,252 | Total Assessment | $375,000 |
PROPERTY TAXES
Parcel Number
R147399
Land Assessment
$135,252
Improvements Assessment
$239,748
Total Assessment
$375,000
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