For Sale
$750,000

2307 Clovis RdLubbock, TX 79415

High-yield industrial investment. Strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
121

Highlights

  • D&H, the world's largest provider of petroleum system tank testing and environmental compliance services, occupies the property with 33 US locations.
  • The tenant, D&H Fueling Solutions (a Wind Point Partners portfolio company), is financially strong and backed by a significant private equity firm.
  • The tenant recently signed a 5-year lease renewal, demonstrating long-term commitment to this location since 2008.
  • The modified gross lease offers built-in upside potential for future Net Operating Income (NOI) growth due to below-market rent.
  • The property benefits from excellent access to major highways (TX-289 Loop, Hwy 84, I-27).
  • The property is located in Lubbock, a regional economic and transportation hub in the South Plains.

Property Details for 2307 Clovis Rd

Property type
Warehouses, Industrial properties
Square Feet
11,150 SF
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.6016401
Longitude
-101.8670575
2307 Clovis Rd, Lubbock, Texas
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Warehouse - High-yield industrial investment. Strong tenant.
Where is the warehouse located?
The property is located at 2307 Clovis Rd Lubbock, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: D&H, the world's largest provider of petroleum system tank testing and environmental compliance services, occupies the property with 33 US locations.; The tenant, D&H Fueling Solutions (a Wind Point Partners portfolio company), is financially strong and backed by a significant private equity firm.; The tenant recently signed a 5-year lease renewal, demonstrating long-term commitment to this location since 2008.
How can I contact the broker?
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2307 Clovis Rd
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