Single-Tenant Auto
For Sale
Contact for pricing
1915 Texas Ave, Lubbock, TX 79404
Occupied automotive service facility with overhead doors, customer reception, office space, and a dedicated shop area.
Property Size7,414 SF
Price / SF$70.81
Days on Market8
Property Features for 1915 Texas Ave
General Information
Standard status
Active
Size
7,414 SF
Property subtype
INDUSTRIAL
Occupancy
100%
Net Operating Income
$45,876
Financials
Asking Price
$525,000
Cap Rate
8.74%
Building Details
Tenancy
Single
Listing Agency:
Murphy & Martin Real Estate
(806) 891-3195
Listed By:
Murphy Coon TACS
(806) 891-3195
Source:
Moodyscre
Added: Aug 4
Changed: Aug 9
Last Checked: Aug 10 at 11:11AM
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 Murphy & Martin Real Estate
Investment Insights
Based on property information with market context.
This approximately 7,414-square-foot auto shop is configured for automotive service, with multiple overhead doors, a customer reception area, office space, and a substantial work area. The property is fully occupied by J Dee’s Import Garage, an independent automotive service business.
The tenant operates under a Modified Gross Lease that runs through June 26, 2029, with scheduled rental increases. The lease assigns utility expenses and significant routine maintenance responsibilities to the tenant. Located at 1915 Texas Ave in Lubbock, the property sits within an established automotive and industrial service corridor and offers a functional commercial layout for continued automotive use.
The tenant operates under a Modified Gross Lease that runs through June 26, 2029, with scheduled rental increases. The lease assigns utility expenses and significant routine maintenance responsibilities to the tenant. Located at 1915 Texas Ave in Lubbock, the property sits within an established automotive and industrial service corridor and offers a functional commercial layout for continued automotive use.
Key Highlights
- Approximately 7,414 square feet configured for automotive service
- Fully occupied by J Dee’s Import Garage
- Modified Gross Lease extends through June 26, 2029
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Home Improvements & Furnishings 26%
Apparel 8%
Dining 3%
Harbor Freight Tools
Home Improvements & Furnishings
13,053 visits/mo
0.5 miles
Stripes
Shops & Services
11,859 visits/mo
0.4 miles
Phillips 66
Shops & Services
10,983 visits/mo
0.4 miles
Dollar General
Shops & Services
5,865 visits/mo
0.4 miles
Goodwill
Apparel
4,310 visits/mo
0.4 miles
Demographics for 79404, TX
9,956
Population
4,289
Households
2.3
Avg Household Size
38
Median Age
13%
College-Educated
73%
High-School Grad
28.5 sq mi
ZIP Area
349
Density / Sq Mi
$48,642
Median Household Income
$30,654
Median Earnings
$958
Median Rent
$86,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - Occupied automotive service facility with overhead doors, customer reception, office space, and a dedicated shop area.
Where is this auto shop located?
The property is located at 1915 Texas Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 7,414 square feet configured for automotive service; Fully occupied by J Dee’s Import Garage; Modified Gross Lease extends through June 26, 2029
