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5202 82Nd St Lubbock, TX 79424

For Sale
$1,900,000

Investment-grade healthcare facility with long-term income stream.

Property size:
6,630 SF
Lot size:
0.51 Acres

Property Features for 5202 82Nd St

General Information

Size
6,630 SF
Lot size
0.51 Acres

Source: The Powell Group Agent David Powell, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Medical Facility in Southwest Lubbock

This 6,630 square foot medical facility is located in Southwest Lubbock. Formerly a Texas freestanding emergency room, it currently operates as an urgent care facility. The property offers flexibility for various uses, including outpatient surgery, physical therapy, chemotherapy, and imaging. Situated along a high-traffic corridor with approximately 33,000 vehicles per day, the site benefits from strong visibility and is surrounded by retail centers, restaurants, and office spaces. The underlying structure is a ground-lease. The facility is equipped with a natural gas emergency generator (KOHLER Model 125 REC), four emergency suites, four exam suites, a nurse’s station, a CT suite, dedicated rooms for clean storage, soiled storage, med-gas storage and VAC pump storage, a doctor’s sleep room, a lobby/reception area, and a separate telecom/IT closet. The current tenant is Covenant Health (Lubbock), a local affiliate of Providence, a nationally-recognized healthcare system. The lease commenced on April 1, 2024, with a remaining term of approximately 30 years. The property is purpose-built to serve high-acuity medical operations.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Western Union Money Transfer Service Celeste Xochitl Twelves ... Pediatrician Jake Westerberg Pediatrician Covenant Children's Urgent ... Urgent Care Center Celeste Caballero, MD Pediatrician

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.923784
Latitude
33.520065

FAQs

What type of property is this?
Medical center - Investment-grade healthcare facility with long-term income stream.
Where is this medical center located?
The property is located at 5202 82Nd St Lubbock, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: - Long-term, stable income stream with approximately 30 years remaining on the lease.; - High-quality tenant: Covenant Health (Lubbock), a local affiliate of Providence, a nationally-recognized healthcare system.; - Investment-grade healthcare facility with broad flexibility for various medical uses.
More about this property
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