3221 114th St - Flex FOR SALE


Lubbock, TX 79423
$4,250,000 USD
806-797-3162
3221 114th St, Lubbock, TX for Sale
$4,250,000 USD
Flex - FOR SALE
1/9
null | 7.4% Cap Rate

3221 114th St
Lubbock, TX 79423


OVERVIEW

McDougal Realtors is proud to present 3221 114th St in Lubbock, TX. This premier investment opportunity boasts a 7.4% cap rate and features a newly constructed (2024) industrial facility situated in one of the most rapidly developing and sought-after areas of Lubbock. This impressive property spans 28,600 square feet on a 2.25-acre lot, providing significant operational capacity, including an ample fenced stackyard—a valuable asset for logistics, outdoor storage, and material staging. The building is 100% leased to Action Gypsum Supply, LP, a major player in the building materials industry. The tenant operates 27 locations across six states, serving as a key distributor of gypsum wallboard, metal framing, insulation, and related construction materials. Their strong regional presence, proven operational history, and continued expansion across the southern United States make them a highly secure and creditworthy tenant. Their long-term, triple net lease further enhances the financial stability and minimal landlord responsibility associated with this investment. With modern construction, strategic location, and a high-performing national tenant, 3221 114th St is a turnkey, income-generating asset ideal for investors seeking immediate cash flow, long-term stability, and minimal management obligations in the thriving West Texas market

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

HC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ethan QuisenberryMcDougal Commercial PropertiesMore Info
806-797-3162

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Ethan QuisenberryMcDougal Commercial PropertiesMore Info
806-797-3162

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.