The Ficke Team of Colliers is pleased to present to qualified investors the opportunity to acquire the fee simple interest of the Freeway Insurance asset located at 2406 34th St, Lubbock TX 79411 (“Subject Property”). The subject property is a single tenant retail property consisting of a 1,513 square-foot building that sits on ±0.61 acres.
The subject property has been tenanted by Freeway Insurance for 12 years, and they have elected to renew a 5-year extension commencing on September 30, 2025. The lease is corporately guaranteed by Confie Administrative Services, Inc. The future owner will enjoy passive ownership and benefit from minimal landlord responsibilities, as well as 2% annual rent escalations. With the long operating history from the tenant and the prime access & visibility along one of Lubbock’s main thoroughfares, this offering serves as a strong investment opportunity with long-term upside.