4225 Loop 289 Lubbock, TX 79423-1100
Property profile & analytics
4225 Loop 289 Lubbock, TX 79423-1100
- Office buildings
- 3,124 SF
- 0.55 lot acres
Property ID
US82-4661119
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- TitleMax Title Loans / Loan Service
Property Details for 4225 Loop 289
- Year built
- 1993
- Lot size
- 0.55 lot acres
- Property size
- 3,124 SF
- Zone code
- 38
- Property type
- Office buildings
- APN
- R93644
- APU
- R93644
Description
This exceptional investment opportunity presents a fee-simple ownership of a 3,124 square foot TitleMax storefront in Lubbock, Texas. Located at 4225 S Loop 289, this property boasts a 15-year absolute NNN lease with a 10% rent increase every five years and a remaining term of 9.7 years, expiring June 30, 2034. The lease commenced May 30, 2019, and includes one 5-year option. The property features a corporate guarantee from TitleMax (TMX Finance, LLC), minimizing landlord responsibilities. Situated on a 0.55-acre lot, the single-story building was constructed in 1993 and renovated in 2019. The property enjoys a prime location, benefiting from high traffic due to its proximity to a Walmart and direct access to TX Loop 289. Surrounding national retailers include TJ Maxx, Whataburger, and many others. The property's strong demographics, with a high average household income within a 3-mile radius, further enhance its investment appeal. The asking price is $1,360,000, representing a 6.00% cap rate and a price per square foot of $435.34. The current Net Operating Income (NOI) is $81,600. This is a tax-free state investment opportunity with excellent long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.905
- Latitude
- 33.5295
- CBSA code
- 31180
- CBSA name
- LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,040
$203,927
$325,765
$529,692
-
$203,927
$325,765
$529,692
