7905 Milwaukee Ave, Lubbock, TX

Listing office Egenbacher Real Estate Show Phone

Listing date Nov 8, 2023

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Egenbacher Real Estate

Report an issue

---

Overview

This property is a Freestanding Emergency Center (FSEC) leased to Covenant Health System, the largest healthcare institution in West Texas and Eastern New Mexico. Covenant Health System has a BBB credit rating and is part of the Providence St. Joseph Health System, which has an AA- credit rating. According to the U.S. News and World Report's annual Best Hospital Rankings, Covenant Health is ranked as the best hospital in Northwest Texas. The Covenant Health System employs over 5,000 individuals and includes 600 top-level providers in their network. The system handles over 62,000 adult emergency room visits and 25,500 pediatric emergency room visits annually. Although labeled as a Freestanding Emergency Center (FSEC), with Covenant Health System as the tenant, this facility is classified, treated, and billed as a Hospital Outpatient Department (HOPD), similar to an on-campus facility. This classification allows for the highest level of reimbursements for this type of asset.

Suggested Use

Law Firm Building Supply Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Kitchen & Bath Showroom HVAC Service Auto Parts Store Hotel & Motel Storage Facility

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

Location Insight

• Map
• Local Demand

City

Lubbock

County

Lubbock

State

Texas

Longitude

-101.9562197

Latitude

33.5211765

Nearby Similar for Sale

• 

  $1,450,000

  4,570 SF

  Built 2025 Medical Office Building

  Modern professional office built in 2025 with private rooms, reception, and nurse station for medical or wellness teams.

  10933 Wayne Avenue, Lubbock, TX 79424

  View Details
• 

  $1,399,999

  4,300 SF

  Lubbock Commercial Suites For Sale

  Two well-appointed commercial suites in a prime location.

  6102 82nd Street, Lubbock, TX 79424

  View Details
• 

  $540,000

  2,457 SF

  Move-In-Ready Office Suite

  Modern office suite with reception, private offices, conference room, and on-site restroom, currently leased through February 2027.

  8009 Genoa Avenue, Lubbock, TX 79424

  View Details
• 

  $529,000

  3,000 SF

  Industrial Shop with Attached Office

  New industrial shop on a fully fenced tract with overhead doors and an attached office for everyday operations.

  3502 N County Road 1660, Lubbock, TX 79416

  View Details
• 

  $2,499,999

  14,043 SF

  Lubbock Commercial Opportunity on Upland

  Prime commercial property in a rapidly growing Lubbock corridor.

  8312 Upland Avenue, Lubbock, TX 79424

  View Details
• 

  $899,000

  9,300 SF

  Metal Flex Building with Fenced Yard

  Metal flex building with offices, multiple overhead doors, and a fenced, nearly one-acre concrete yard.

  11607 Highway 87, Lubbock, TX 79423

  View Details
• 

  $1,300,000

  4,660 SF

  Lubbock Office Investment Opportunity

  Fully leased office building in Lubbock, TX, generating immediate income.

  13037 Quaker Avenue, Lubbock, TX 79423

  View Details
• 

  $1,150,000

  4,043 SF

  Well-Appointed Office Building in Lubbock

  Office building in a fast-growing corridor near residential development.

  3214 140th Street, Lubbock, TX 79423

  View Details
• 

  $1,575,000

  11,170 SF

  Five-Unit Apartment Building

  Five-unit apartment building with in-unit washer/dryer and balconies near Texas Tech University and surrounding shopping and dining.

  3404 25th Street, Lubbock, TX 79410

  View Details
• 

  $4,500,000

  39,970 SF

  Climate-Controlled Warehouse with Offices

  A 2017-built, expanded facility with climate-controlled warehouse space, professional offices, and an on-site commercial kitchen setup.

  5505 132nd Street, Lubbock, TX 79424

  View Details
• 

  $139,999

  4,740 SF

  Storefront Building in Shopping Center

  Freestanding storefront building with convenient front parking and flexible interior space for retail or office use.

  2844 34th Street, Lubbock, TX 79410

  View Details
• 

  $629,000

  6,250 SF

  Multi-Office Building with Garage

  A 7-office layout with reception, kitchen, and a rear-entry garage for multiple vehicles, near key government facilities.

  1113 Main Street, Lubbock, TX 79401

  View Details

FAQs

What type of property is this?

Hospital - Freestanding Emergency Center leased to Covenant Health System.

Where is this hospital located?

The property is located at 7905 Milwaukee Ave Lubbock, TX.

What are key features of this property?

This property features: Tenant is Covenant Health System, the largest healthcare institution in West Texas and Eastern New Mexico.; Facility classified as a Hospital Outpatient Department (HOPD), enabling the highest level of reimbursements.; Covenant Health System has a BBB Credit Rating; parent company Providence St. Joseph Health System has an AA- credit rating.