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921 E 66th 30,400 SF 100% Leased Industrial Building Lubbock, TX 79404 $2,310,144 ($75.99/SF) 7.25% Cap Rate
Executive Summary
Two-building industrial investment offering a 7.25% CAP rate in Lubbock, TX. Situated on 2.44 acres along E 66th Street near a major highway interchange, the 31,200 SF property features expansive warehouse space with loading docks, office areas, and fenced yards. Fully leased to two tenants, this asset provides stable income in a strong industrial corridor in West Texas.
Property Facts
| Price | $2,310,144 | Lot Size | 2.20 AC |
| Price Per SF | $75.99 | Rentable Building Area | 30,400 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.25% | Year Built | 1985 |
| Property Type | Industrial | No. Dock-High Doors/Loading | 3 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | B | ||
| Zoning | M-1 | ||
| Price | $2,310,144 |
| Price Per SF | $75.99 |
| Sale Type | Investment NNN |
| Cap Rate | 7.25% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.20 AC |
| Rentable Building Area | 30,400 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-1 |
Amenities
- Fenced Lot
- Yard
- Air Conditioning
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Property Taxes
| Parcel Number | R57195 | Improvements Assessment | $1,089,600 |
| Land Assessment | $31,861 | Total Assessment | $1,121,461 |
Property Taxes
Parcel Number
R57195
Land Assessment
$31,861
Improvements Assessment
$1,089,600
Total Assessment
$1,121,461
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921 E 66th
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