Property summary
This single-tenant industrial warehouse in Lubbock, TX, boasts 22,430 square feet on 1.5 acres, offering excellent highway frontage on Slaton Road (US 84) with easy access to Loop 289 and US Hwy 87 (TX I-27). The property features a large paved parking lot and a rear stack yard, along with four grade-level doors and one loading dock. The attractive brick and stone exterior, complemented by mature landscaping and double-glass entry doors, creates a professional impression, ideal for office or showroom use. Inside, a newly renovated office space includes a spacious reception area, ten offices, an IT room, a conference room, a mechanical room, and two restrooms equipped with showers. The 13,000-square-foot free-span warehouse is heated, and there's an adjacent 2,430-square-foot shop. The entire building is protected by a fire sprinkler system and benefits from 3-phase electric power. The owner is open to modifying the existing office and warehouse space to suit tenant needs. This move-in ready property presents a compelling opportunity for businesses seeking a well-equipped and strategically located warehouse in Lubbock.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXZoning
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Zoning designation
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