4304 Acc Rd Lubbock, TX 79407
- Retail properties
- 140,280 SF
- 11.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4304 Acc Rd
- Year built
- 1985
- Lot size
- 11.80 lot acres
- Property size
- 140,280 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a fee-simple interest in a 140,280-square-foot At Home store located at 4304 W Loop 289 Acc Rd, Lubbock, TX 79407. The property sits on an 11.8-acre lot and boasts a prime location with frontage along Texas 289 Loop Frontage, experiencing approximately 75,000 vehicles per day. The At Home store, built in 1985, is currently 100% occupied under an absolute NNN lease with 4.9 years remaining. The lease includes four, five-year renewal options with 2.0% annual rent increases. This provides investors with long-term, passive cash flow and no landlord responsibilities. The property benefits from its location near high-performing retail centers, including Canyon West shopping center and West End Center, which attract a combined 8.9 million annual visitors. The At Home store itself ranks in the top 10th percentile nationally for annual visits. The surrounding area demonstrates strong demographics, including a 16.4% annual population growth within a 5-mile radius and an average household income exceeding $94,000 within the same radius. This offering provides a compelling opportunity to acquire a stable, high-performing retail asset in a thriving market.
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
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.943
- Latitude
- 33.5545
