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7401 University Ave
Lubbock, TX 79423
Take 5 Car Wash · Specialty Property For Sale · 5,060 SF

INVESTMENT HIGHLIGHTS

  • 16-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 16-Year Absolute Triple-Net Lease
  • Accelerated Depreciation: This Property Qualifies for 15 Year Accelerated Depreciation
  • Corporate Guarantee: The Lease is Subject to a Corporate Guarantee | 1,100+ Locations Backing the Lease

PROPERTY FACTS

Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.94 AC
Building Size 5,060 SF
No. Stories 1
Year Built 1984
No. Drive In / Grade-Level Doors 2
Zoning Comerical

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R56456
Land Assessment
$236,250
Improvements Assessment
$386,556
Total Assessment
$622,806
  • Listing ID: 26941192

  • Date on Market: 10/26/2022

  • Last Updated:

  • Address: 7401 University Ave, Lubbock, TX 79423

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