? 15 year absolute NNN lease - Dollar General
Corporate upgraded store from 9,100 SF
prototype to 12,600 SF DG Market Store in
2023
? 8.5 years remaining on primary term, 10%
rent increases every 5 years in options
? Lockney is located approximately 40 miles
north of the Lubbock, Texas MSA. Lockney is
served by the Lockney Independent School
District (LISD), which encompasses elemen-
tary, middle, and high school within the sur-
rounding area, educating students from Pre-K
through 12th grade
? As the 10th largest city in Texas, Lub-
bock serves a regional population of nearly
650,000, with projected growth of 4.6% over
the next five years.
? Lubbock’s economy is a growing hub built on
agriculture, education (Texas Tech), and
healthcare, leveraging a low cost of living, no
state income tax, and a strong workforce.