3706 Milwaukee Ave - Auto Repair FOR SALE


Lubbock, TX 79407- Northwest Lubbock
$3,073,000 USD
510-289-1166
3706 Milwaukee Ave, Lubbock, TX for Sale
$3,073,000 USD
Auto Repair - FOR SALE
1/1
null | 5.5% Cap Rate

3706 Milwaukee Ave
Lubbock, TX 79407
Northwest Lubbock


HIGHLIGHTS

  • New 20-Year Absolute NNN Lease Guaranteed by Valvoline Inc. (NYSE: VVV)
  • 10% Rent Increases Throughout Primary Term and Options & No Landlord Responsibilities
  • Brand New 2025 Construction with Two Drive-Thru Lanes
  • Excellent Access & Visibility in Rapidly-Growing, Car-Dependent West Lubbock
  • Population of 300,000 within 10 Miles
  • Exceptional Regional Connectivity with Convenient Access to Multiple Highways

OVERVIEW

A brand new 20-year absolute NNN Lease guaranteed by Valvoline Inc. featuring new 2025 construction along a major north-south thoroughfare serving a rapidly growing, car-dependent area of Lubbock. The property benefits from excellent access and visibility along Milwaukee Ave (21,185 ADT) with convenient access to Loop 289, 19th St/Highway 114, and Highway 62. The property is proximate to major retail centers West End Center and Canyon West, which feature Costco, Target, Bass Pro Shops, Sam's Club, and many more. This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

FOR SALE DETAILS

PRICE

$3,073,000 USD

PRICE/SF

$1,182 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

R83232

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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