Jiffy Lube Lubbock, TX

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

Copyright © 2024 Secure Net Lease.