Single-Tenant Auto
For Sale
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1915 TEXAS AVE, Lubbock, TX 79411
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 Market42
Property Features for 1915 TEXAS AVE
General Information
Standard status
Active
Size
7,414 SF
Class
C
Property subtype
Industrial, Mixed Use
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Stabilized
Net Operating Income
$45,898
Financials
Asking Price
$525,000
Cap Rate
8.74%
Building Details
Year Built
1979
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Realty One
Listed By:
Murphy Coon · License #TX 669982
(806) 891-3195
Source:
Crexi
Added: Aug 4
Changed: Sep 9
Last Checked: Sep 13 at 4:03AM
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 Realty One
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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,312
Businesses Nearby
18k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Murphy USA
Shops & Services
16,296 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
910 visits/mo
0.1 miles
Mavis Discount Tire
Shops & Services
840 visits/mo
0.1 miles
Stripes
Shops & Services
247 visits/mo
0.4 miles
Demographics for 79411, TX
7,297
Population
3,474
Households
2.1
Avg Household Size
31
Median Age
22%
College-Educated
72%
High-School Grad
1.5 sq mi
ZIP Area
4,865
Density / Sq Mi
$44,866
Median Household Income
$24,493
Median Earnings
$942
Median Rent
$85,000
Median Home Value
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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
