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    FOR SALE
    Distribution centers

    1627 County Road 7340, Lubbock, TX 79423

    5,828 SF 1.03 ac lot Built 2021
    Property ID
    US82-6983453
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Distribution centers
    Year built 2021
    Total area 5,828 SF
    Lot 1.03 ac (44,867 SF)
    UPID US82-6983453
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Briggs Truck & Rail Material Handling Equipment Supplier
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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