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708 SE Loop 289
Lubbock, TX 79404
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 3 Year NNN lease in place
- 8,300 SF constructed in 1971
- Compressed air lines and compressor
- Two warehouses with fenced stack yard
- 22,000 SF constructed in 2016
- 35 tons of HVAC
EXECUTIVE SUMMARY
Prime industrial investment opportunity with high-visibility frontage on SE Loop 289. This well-maintained, dual-building asset offers strong functionality, modern infrastructure, and a newly secured 3-year NNN lease, providing immediate income stability for investors.
The ±8,300 SF original building (built in 1971) includes two offices, a break room, two restrooms, open warehouse space, and two drive-thru bays—one equipped with a floor drain—ideal for service, distribution, or equipment users. The ±22,000 SF second building, constructed in 2016, features a reception/showroom, private office, restroom, and a large open warehouse with premium capabilities, including 4,000-amp 3-phase power, compressed air throughout, two ten-ton HVAC units, and four overhead doors.
Both buildings sit within a fully fenced and enclosed site with ample parking and stack yard space. The property is not located in a flood zone, ensuring reduced long-term risk exposure.
This is a rare, turn-key industrial investment combining quality construction, strong tenant tenancy, and modern operational features in a strategic Lubbock location.
The ±8,300 SF original building (built in 1971) includes two offices, a break room, two restrooms, open warehouse space, and two drive-thru bays—one equipped with a floor drain—ideal for service, distribution, or equipment users. The ±22,000 SF second building, constructed in 2016, features a reception/showroom, private office, restroom, and a large open warehouse with premium capabilities, including 4,000-amp 3-phase power, compressed air throughout, two ten-ton HVAC units, and four overhead doors.
Both buildings sit within a fully fenced and enclosed site with ample parking and stack yard space. The property is not located in a flood zone, ensuring reduced long-term risk exposure.
This is a rare, turn-key industrial investment combining quality construction, strong tenant tenancy, and modern operational features in a strategic Lubbock location.
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1971 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 1.80 AC | Clear Ceiling Height | 16’ |
| Rentable Building Area | 30,300 SF | No. Drive In / Grade-Level Doors | 6 |
| Zoning | LI - Light Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.80 AC |
| Rentable Building Area | 30,300 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Tenancy | Single |
| Parking Ratio | 1.98/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | LI - Light Industrial |
PROPERTY TAXES
| Parcel Number | R106483 | Improvements Assessment | $1,514,632 |
| Land Assessment | $58,733 | Total Assessment | $1,573,365 |
PROPERTY TAXES
Parcel Number
R106483
Land Assessment
$58,733
Improvements Assessment
$1,514,632
Total Assessment
$1,573,365
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