380 Tahoka Rd/Us Brownfield, TX 79316
- Retail properties
- 24,326 SF
- 4.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 380 Tahoka Rd/Us
- Year built
- 2024
- Lot size
- 4.80 lot acres
- Property size
- 24,326 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a brand-new, single-tenant Tractor Supply Company (TSCO) building in Brownfield, Texas. The property boasts a substantial 24,326 square feet on a 4.8-acre lot, strategically located on US Highway 380, a major east-west thoroughfare providing excellent visibility and accessibility. The property benefits from a new 15-year corporate lease with built-in rent increases every five years, further enhanced by four additional five-year option periods. This Net Lease investment is situated in a thriving agricultural area, with Terry County recognized as a leading pumpkin and grape producer. Brownfield's strong local economy is complemented by its proximity to Lubbock, Texas (40 miles), home to Lubbock International Airport, Texas Tech University, and a substantial population base exceeding 300,000 within the Lubbock Metro Area. The property includes 101 parking spaces and is surrounded by a robust retail environment, including national brands such as McDonald's, Family Dollar, and AutoZone, all within a one-mile radius. Built in 2024, this property offers a secure, long-term investment in a tax-free state, making it an attractive opportunity for discerning investors seeking stable, high-yield returns. The property's location on a major highway ensures high traffic volume and excellent brand exposure for the tenant. This is a rare chance to acquire a newly constructed, high-quality retail asset with a strong tenant and a compelling lease structure.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brownfield
- County
- Terry
- State
- Texas
- Longitude
- -102.274
- Latitude
- 33.1811