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Property profile & analytics
OFF-MARKET
Distribution centers

2307 Clovis Rd Lubbock, TX 79415

11,150 SF 0.81 ac lot
Property ID
US82-2925721
Property summary
AI-generated overview

This exceptional investment opportunity presents a 11,150-square-foot industrial property located at 2307 Clovis Road, Lubbock, TX 79415. The property is currently 100% occupied under a net lease with D&H United Fueling Solutions, a significant player in the petroleum systems industry, boasting 33 locations nationwide. The lease, originally commencing October 1, 2008, has a remaining term of approximately 3.9 years, with a further 5-year option. The current lease includes annual rent bumps of 1.5%, providing built-in upside potential. The asking price is $750,000, representing a compelling cap rate of 7.66% and a price per square foot of $67.26. The property sits on a 0.81-acre lot and offers excellent access to major Texas highways, including Texas 289 Loop, Highway 84, and Interstate 27. The building itself is well-maintained and features modern amenities suitable for distribution, manufacturing, or warehouse operations. The tenant, backed by a corporate guarantee, demonstrates a long-term commitment, having recently renewed their lease. This property offers a strong, stable income stream with significant growth potential in a thriving Lubbock, Texas location, often referred to as the "Hub City" due to its economic and logistical importance in the South Plains region. The Net Operating Income (NOI) is $57,469. This is a rare opportunity to acquire a high-quality industrial asset with a secure, long-term tenant.

Property profile
Verified
Property type Distribution centers
Total area 11,150 SF
Lot 0.81 ac (35,284 SF)
UPID US82-2925721
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
  • D & H United Fueling Solutions Construction Company
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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