Lubbock, TX NNN Properties for Sale

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19 properties

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Updated: Sep 25, 2025

Fully Leased Office Investment Opportunity

7710 Milwaukee Ave #700 |, Lubbock, TX 79424

$1,100,000

4,049 sqft

Fully Leased Investment Property offering immediate returns.
Enjoy a solid 7.32% Cap Rate.
Benefit from a NNN Lease structure.
The current lease has 2+ Years Remaining, providing stable income.
Features 10 Private Offices, a Conference Room, and a Break Room.

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This listing looks promising.

Here's a quick look at some key insights for

7710 Milwaukee Ave #700 | Lubbock, TX 79424, TX 79424

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Est. Cap Rate

4.8%
NOI ÷ price
Est. NOI

$53K
Annual
Price @ 7% Cap

$756K
Suggested
Property Type

Office Building
Built 2021

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Updated: Aug 1

New Construction Mixed-Use Property

8333 Upland Ave, Lubbock, TX 79424

$3,400,000

7,414 sqft

7,414 SF mixed‑use property completed in 2024
Established office and retail tenants occupy the property
Lease expirations are staggered through 2032
Includes both NNN and Base Year lease structures
Indicated capitalization rate close to 7.0%

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Leased Retail Building with Billboard

1808 19th St, Lubbock, TX 79401

$435,000

1,052 sqft

Fully leased commercial building includes a tattoo shop on a 3-year NNN lease plus billboard rental income.

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Net-Leased KFC Restaurant

215 University Avenue, Lubbock, TX 79415

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2,800 sqft 0.55 AC lot

Single-tenant absolute triple-net KFC sale-leaseback with a guaranteed lease from Ampex Brands.

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Lubbock NNN Investment Opportunity

1702 19th St, Lubbock, TX 79401

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2,229 sqft 0.77 AC lot

NNN property leased to Whataburger near Texas Tech University.

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New Single-Tenant Office Investment

6927 82nd St, Lubbock, TX 79424

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2,221 sqft

Newly constructed office building with a long-term lease in place.

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Medical Office Space with NN Lease

12210 Quaker Ave, Lubbock, TX 79424

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18,018 sqft

Single-tenant medical office on Quaker Ave with an NN lease featuring remaining term and scheduled annual increases.

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Double Drive-Thru NNN Restaurant

5212 Slide Rd, Lubbock, TX 79414

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2,170 sqft

Absolute NNN ground lease with a double drive-thru restaurant and Dutch Bros corporate guarantee.

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DriveTime NNN Dealership Property

6540 82nd St, Lubbock, TX 79424

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10,384 sqft 2.46 AC lot

Recently renovated automotive facility with a triple-net lease structure and dedicated vehicle inventory area.

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Wendy’s NNN Property

2505 S Loop 289, Lubbock, TX 79423

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3,227 sqft 0.89 AC lot

Freestanding restaurant investment with a new long-term triple-net lease and scheduled rent increases.

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Absolute NNN Auto Service Lease

3706 Milwaukee Ave, Lubbock, TX 79407

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2,600 sqft

Constructed in 2025 with a 15-year corporate lease and scheduled rent increases to Oil Changers.

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New NNN Leased Property

6704 Yonkers Avenue, Lubbock, TX 79407

$1,085,000

7,200 sqft

7,200 SF NNN leased property in West Business Park.

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NNN Auto Service Property

10405 Slide Rd, Lubbock, TX 79424

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6,780 sqft

Brand-new NNN auto service property with a 15-year ABS lease and listed size of 6,780 SF.

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CVS Absolute NNN Property

3402 Slide Road, Lubbock, TX 79410

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12,935 sqft

Freestanding pharmacy investment with a long-term lease and no landlord responsibilities.

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Renovated Retail-to-Office Center

7412 University Ave, Lubbock, TX 79423

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Renovated center with a tenant mix, ample parking, and a combination of NNN and modified gross leases.

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Plaza 88 Shopping Center

12406 Indiana Ave, Lubbock, TX 79423

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Fully leased retail center with concrete parking and long-term NNN leases.

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Two-Tenant Retail NNN Property

309 N University Avenue, Lubbock, TX 79415

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Two-tenant NNN retail space leased to RNR Tire Express and Metro PCS Wireless.

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NNN Specialty Property

2501 82nd St, Lubbock, TX 79423

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Single-tenant NNN investment with a 20-year lease and a strong corporate guarantee.

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NNN Sale-Leaseback Car Wash Property

6506 82nd Street, Lubbock, TX 79424

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

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Lubbock, TX, we suggest to view alternatives - similar 1 Off-Market properties to explore as potential leads.

Off-Market Properties in Lubbock, TX

Consider similar Off-Market properties in Lubbock, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Lifestyle centers

1824 Parkway Dr, Lubbock, TX 79403

Value Estimation by Request

19,416 sqft 3.81 AC lot

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Lubbock, TX Nnn Properties Market Trends and Statistics

Explore 20 nnn properties for sale in Lubbock, TX, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 83,079 square feet of properties for sale, with an estimated market value of $6,020,000.

Sale prices for triple net lease properties in Lubbock, TX start at $435,000, averaging $1,505,000, and reaching up to $3,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 286K

Population Growth (5Y) +0.1%

Median Household Income $66,110

College Educated 24.2%

High-Yield Neighborhoods for Investment

Identify Lubbock submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
79401	$382.5K
79407	$1.1M
79424	$1.1M
79423	$1.5M

Taxes & Financing

Tax Rate (average for all types) 1.81%

Property Tax per SF $22.36 per SF

Tax Rate vs County Average 0.03 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lubbock County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lubbock County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Lubbock fall within the 100,000+ square foot range.

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