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2204 Lubbock Hwy
Lamesa, TX 79331

Dollar Tree · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,724 SF
Building Class
C
Year Built
2016
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Lot Size
0.72 AC
Zoning
F1
Frontage
302 ft on Lubbock Highway

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

PROPERTY TAXES

Parcel Number
7636
Land Assessment
£12,895
Improvements Assessment
£432,437
Total Assessment
£445,332
  • Listing ID: 4833205

  • Date on Market: 07/11/2016

  • Last Updated:

  • Address: 2204 Lubbock Hwy, Lamesa, TX 79331

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