1627 County Road 7340, Lubbock, TX 79423
For Sale
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This exceptional investment opportunity presents a 5,828-square-foot industrial building in Lubbock, Texas. Constructed in 2021, the property boasts a prime location and is fully occupied (100%) by a credit-rated single tenant under a Net Net (NN+) lease with over four years remaining. The lease includes rent bumps, minimizing landlord responsibilities. The building features a 1,000-square-foot office with a restroom and an implement shed. The warehouse area, heated and cooled with blown foam insulation, offers two 14' x 14' overhead doors, a Big Ass Fan, 16-foot wall height, and a 23-foot eave height, along with gas overhead units. Situated on a 1.03-acre lot, this property is ideal for investors seeking a low-maintenance, high-return investment with a strong, reliable tenant in a thriving market. The building's modern construction and desirable features, combined with the long-term lease and strong tenant, make this a compelling opportunity for discerning investors. The property's address is 1627 County Rd 7340, Lubbock, TX 79423. This is a single-tenant investment opportunity in a distribution/warehouse building. The property is categorized as industrial, with a net lease investment type.
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Briggs Truck & Rail Material Handling Equipment Supplier
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.