2204 Lubbock Hwy | Lamesa, TX 79331
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2204 Lubbock Hwy
Lamesa, TX 79331
Dollar Tree · Retail Property For Sale
Investment Highlights
- Newer Development Dollar Tree - NN Lease Built in 2016
- Great Retail Traffic - Adjacent to Large Shopping Center that Includes CVS, United Supermarkets and Bealls
- Oversized Corner Lot with Large Concrete Parking Lot - Access to Store from 2 Different Roads
- Attractive 6% Rental Increase Starting May 2021 - Bringing Cap Rate to 7.8%
- 8 Years Remaining on Primary Term - Lease Expires May 2026
- Great Frontage - Corner Lot on Lighted Intersection - 13,000+ Combined Traffic Counts
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,724 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.72 AC
Zoning
F1
Frontage
- 302 ft on Lubbock Highway
- 243 ft on North 22nd Street
PROPERTY TAXES
Parcel Number | 7636 | Improvements Assessment | $785,797 |
Land Assessment | $23,433 | Total Assessment | $809,230 |
PROPERTY TAXES
Parcel Number
7636
Land Assessment
$23,433
Improvements Assessment
$785,797
Total Assessment
$809,230
Listing ID: 29939359
Date on Market: 2023-11-01
Last Updated:
Address: 2204 Lubbock Hwy, Lamesa, TX 79331
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