7902 Slide Rd - Storefront FOR SALE


Lubbock, TX 79424
$924,000 USD
949-506-2012
7902 Slide Rd, Lubbock, TX for Sale
$924,000 USD
Storefront - FOR SALE
1/11
null | 7% Cap Rate

7902 Slide Rd
Lubbock, TX 79424


HIGHLIGHTS

  • 10-Year Lease | 4% Rental Increase Every 2 Years
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Dense Retail Corridor | Near South Plains Mall
  • Strong Demographics and Daytime Population in 5-Mile Trade Area

OVERVIEW

• Tenant executed a new 10-year lease in April 2026 with one (1) additional 5-year renewal option, demonstrating long-term commitment to the site • Scheduled 4% rental increases every 2 years throughout the base term, followed by 2%annual increases during the option period, provide steady NOI growth and an attractive inflation hedge • Tenant is investing over $100,000 in tenant improvements in 2026, reflecting a significant capital commitment to the location • Empire Pawnshop Inc. (dba Pawn Texas) is an established regional operator with five locations across California and Texas

FOR SALE DETAILS

PRICE

$924,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pawn Texas | New 10yr Lease w/ Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,396 SF

ZONING

F1

APN/PARCEL ID

R134834

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

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