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4225 S Tx-289-loop
Lubbock, TX 79423

Retail Property For Sale

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
£1,087,075
Price Per SF
£348
Net Initial Yield
6%
NOI
£65,225
Tenancy
Single
Number of Floors
1
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 £260,390
Land Assessment £163,003 Total Assessment £423,393

PROPERTY TAXES

Parcel Number
R93644
Land Assessment
£163,003
Improvements Assessment
£260,390
Total Assessment
£423,393
 

  • Listing ID: 33312660

  • Date on Market: 26/09/2024

  • 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.

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