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4225 S Tx-289-loop
Lubbock, TX 79423

Retail Property For Sale

Retail Buildings Texas Lubbock 4225 S Tx-289-loop, Lubbock, TX 79423

Investment Highlights

  • Long-Term Absolute NNN Lease | Recently Executed 10-Year Extension
  • Walmart Out-Parcel | Direct Freeway Access
  • Synergistic Retail Location | Surrounded by National Retailers
  • Corporate Guarantee
  • Desirable Demographics | Affluent Location
  • Tax Free State

Executive Summary

TITLEMAX - LUBBOCK, TX | ABSOLUTE NNN LEASE | RECENT 10-YEAR EXTENSION EXECUTED

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,124 SF
Building Class
C
Year Built
1993
Price
$1,950,335 CAD
Price Per SF
$624 CAD
Cap Rate
6%
NOI
$117,020 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.55 AC
Parking
30 Spaces (9.6 Spaces per 1,000 SF Leased)
Frontage
140 ft on Tx-289-loop Hwy

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

PROPERTY TAXES

Parcel Number R93644 Improvements Assessment $468,268 CAD
Land Assessment $293,133 CAD Total Assessment $761,400 CAD

PROPERTY TAXES

Parcel Number
R93644
Land Assessment
$293,133 CAD
Improvements Assessment
$468,268 CAD
Total Assessment
$761,400 CAD
 

  • Listing ID: 33312660

  • Date on Market: 2024-09-26

  • Last Updated:

  • Address: 4225 S Tx-289-loop, Lubbock, TX 79423

The Retail Property at 4225 S Tx-289-loop, Lubbock, TX 79423 is currently available for sale. Contact Echo West Capital Advisors for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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