5610 58th St - Auto Dealership FOR SALE


Lubbock, TX 79424
$800,000 USD
806-215-7023
5610 58th St, Lubbock, TX for Sale
$800,000 USD
Auto Dealership - FOR SALE
1/7
null | 8.12% Cap Rate

5610 58th St
Lubbock, TX 79424


HIGHLIGHTS

  • High Traffic Counts
  • Reliable Tenant
  • Low Maintenance

OVERVIEW

This property at 5610 58th Street in Lubbock offers a stable, income-producing opportunity in a highly visible and well-traveled location. The 3,000 square foot building sits on approximately 0.69 acres and is occupied by an established auto dealership that has operated at this location since 2017. The tenant recently renewed their lease for the term of October 1, 2025 through September 30, 2028, providing continued reliability and consistent cash flow. The property is positioned just off West Loop 289 in a high-traffic corridor, offering excellent exposure and convenient access. Ownership currently pays for taxes and insurance, creating a straightforward and easily managed investment structure. This asset is well suited for investors seeking a long-term tenant in a strong Lubbock commercial location. Contact Agent for more information/showing instructions.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

8.12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

Light Commercial (LI)

APN/PARCEL ID

R147399

ASK ABOUT THIS PROPERTY

Carrigan WilliamsMcDougal Commercial PropertiesMore Info
806-215-7023

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Carrigan WilliamsMcDougal Commercial PropertiesMore Info
806-215-7023

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