New Construction Retail on Upland Ave

Located on the east side of Upland Ave just south of 82nd Street.Leased investment opportunity featuring a diverse mix of established office and retail tenants with staggered lease expirations through 2032, providing stable cash flow and minimizing rollover risk. The 7,414 SF property generates approximately $221,864 in Net Operating Income, offering investors close to a 7.0% capitalization rate at the $3,400,000 asking price. A combination of NNN and Base Year lease structures helps provide predictable operating expenses while positioning the asset for future rental growth. This is an exceptional opportunity to acquire a stabilized, income-producing asset with long-term upside.One of Lubbock's newest retail centers in South Lubbock located at 83rd & Upland Ave, near many established residential & commercial developments. Only one in-line suite available in the center! Co-tenants include Light Room LBK and Revolution Mortgage. The Landlord will provide tenant improvement allowance for qualified tenants and leases.