6310 82nd St
Lubbock, TX
Price:
$2544000
Cap Rate:
5.50%
NOI:
$139,897
Building Size:
Approx. 5897 Sq. Ft.
Lot Size:
Approx. 0.65 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Investment Overview
- 2018 Renovation. 5,897+/- SF Building on .65+/- Acre Site
- New 20-Year Corp, NNN w/ 10% Rent Bumps Every 5-Yrs
- Located along 82nd St (31K VPD) & Milwaukee Ave (20K VPD)
- Across Walmart SC | Adjacent to Whataburger, Chick-fil-A, Panda
- 3-Miles southwest of South Plains Regional Mall (1,200,000 S.F)
- Approximately 6-Miles South of Texas Tech University (37K Enroll)
- 16-Miles S of Lubbock Preston Smith Intr. Airport (1.2M Passengers/Year)
- Local Attractions: Jones AT&T Stadium (Texas Tech) | Mackenzie Park
- Major Employers: Texas Tech | Covenant Health | United Super Market
- Lubbock was Ranked 4th “Best City to Find a Job” – Fortune Magazine
- 3-Mile Radius: 2018 Est Pop: 63,685 | 3-Mile Avg HH Income: $84,849