Property summary
This exceptional investment opportunity presents a fully leased industrial property in Lubbock, Texas. The property comprises two 10,000 square foot buildings, ideally suited for flex or warehouse use, situated on a 1.2-acre lot at the highly visible southeast corner of 19th Street and I-27. Built in 1941 and extensively renovated in 2016, the property currently houses Xplosive Kustomz, a thriving full-service automotive body shop, under a lease extending through the end of 2024. An enclosed storage/parking yard strategically located between the two buildings enhances functionality and operational efficiency. The property's prime location offers excellent visibility and accessibility, making it an attractive investment for both immediate income generation and long-term appreciation potential. The asking price for this turnkey operation is $650,000. The address is 311-405 19th Street, Lubbock, TX 79404, in Lubbock County. This property presents a rare chance to acquire a stable, high-performing asset in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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