6506 82nd Street Lubbock, TX 79424

Listing agency SAB Capital Show Phone

Listed by Mark Pomella · License #NY 10401305401

Source Crexi

Added: Apr 11 Updated: Jul 21 at 5:39AM Checked: Jul 21 at 5:39AM

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Investment Insights

Based on property information with market context.

SAB Capital presents Mighty Wash, an absolute triple-net (NNN) sale-leaseback in Lubbock, Texas. The transaction structure calls for the tenant to sign a 20-year lease commencing at closing, with annual rental escalations of 1.5%.

The offering is presented as a specialty NNN property. Mighty Wash currently operates 20 locations, primarily located in West Texas and the Permian Basin.

The property is located at 6506 82nd Street, Lubbock, TX 79424.

Key Highlights

• Absolute triple‑net (NNN) sale‑leaseback structure
• Tenant will sign a 20‑year lease commencing at closing
• Annual rental escalations of 1.5% built into the lease

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FAQs

What type of property is this?

NNN property - Absolute triple-net sale-leaseback with a 20-year lease and 1.5% annual rental escalations.

Where is this nnn property located?

The property is located at 6506 82nd Street Lubbock, TX.

What are key features of this property?

This property features: Absolute triple‑net (NNN) sale‑leaseback structure; Tenant will sign a 20‑year lease commencing at closing; Annual rental escalations of 1.5% built into the lease