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- LoopNet Team
2204 Lubbock Hwy
Lamesa, TX 79331
Dollar Tree · Retail Property For Sale
PROPERTY FACTS
- 302 ft on Lubbock Highway
- 243 ft on North 22nd Street
About 2204 Lubbock Hwy , Lamesa, TX 79331
This property is prominently located on Lubbock Highway with street frontage and excellent visibility. The property was constructed in 2015 using Dollar Tree specifications with a corporate guaranty. There are 9.4 years remaining on a lease term of 10 years with $.50 rent increases every five years along with 2 - 5 years options. This is a NN lease where landlord is responsible for roof, structure, and parking lot repair. Lamesa' s geographic location and transportation advantages make Lamesa the single most-connected city in West Texas. Seven highways pinwheel out of the city in every direction. Lamesa is ideally situated along the Ports-to-Plains corridor, halfway between Lubbock and Midland/Odessa/Big Spring along Highway 87 (there are efforts to turn Highway 87 into an extension of Interstate 27, which currently terminates in Lubbock). Lamesa also draws from various locations within the Permian Basin, which is comprised of 20 counties. Lamesa is equidistant proximity (an hour' s drive or less)to all the large population concentrations in West Texas including Lubbock, Midland, Odessa, Abilene and Amarillo.
PROPERTY TAXES
Parcel Number | 7636 | Improvements Assessment | £432,437 |
Land Assessment | £12,895 | Total Assessment | £445,332 |
PROPERTY TAXES
Listing ID: 4833205
Date on Market: 07/11/2016
Last Updated:
Address: 2204 Lubbock Hwy, Lamesa, TX 79331