This newly constructed industrial property offers a rare opportunity to acquire a stabilized, income-producing asset in the growing Lubbock market. Built in 2024, the facility spans 4,400 square feet with an additional 600 square feet of loft storage, situated on a fully fenced 1.15-acre lot. The site includes ample parking, a covered front porch, and two oversized 12’ x 14’ overhead doors, making it ideal for a wide range of industrial and service uses.
The property is fully leased to a national tenant specializing in professional automotive maintenance products and services, ensuring reliable income through December 2030. The lease includes two additional five-year renewal options at market rate, providing long-term stability and predictable cash flow. With a 7.5% cap rate and NNN lease structure, this investment minimizes landlord responsibilities and offers strong returns.
Located outside city limits, the property benefits from fewer regulatory constraints while maintaining excellent access to major transportation routes, including Highway 84 and North Frankford Avenue. As a modern, 2024-built facility, investors gain the advantage of reduced near-term capital expenditures and a property designed for operational efficiency. This is an exceptional opportunity to secure a high-quality industrial asset in a strategic West Texas location.