- For Sale $2,450,000
- Property Type Office
- Units 0
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Building Class A
- Year Built 2015
- Date Updated Oct 9, 2024
NNN investment opportunity in SW Lubbock with a new seven-year lease (Covenant Medical Center). This 6,630 SF medical urgent care, previously licensed as a Texas free-standing emergency room, boasts versatile usage options, including urgent care medical facilities, outpatient surgery, physical therapy, chemotherapy treatment, and more. The property enjoys high visibility with about 33,000 (VPD), surrounded by retail centers, restaurants, and offices. This property has a land lease with 30 years remaining on the lease. Financials on p.2 of flyer; 7.2% cap rate on average NOI over 7 years.
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Contacts
Location
Getting Around
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Walk Score ®
66/100 Somewhat Walkable -
Transit Score ®
19/100 Minimal Transit -
Bike Score ®
47/100 Somewhat Bikeable
- City Lubbock, TX
- Neighborhood Remington Park
- Zip Code 79424
- Market Lubbock
Points of Interest
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Bolton
0.06 miles
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Valero
0.09 miles
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Phillips 66
0.75 miles
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Alon
0.94 miles
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United Express
0.99 miles
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Rudy's Gas
1.05 miles
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Alon
1.06 miles
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Alon
1.06 miles
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E-Z Mart
1.10 miles
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Murphy USA
1.25 miles
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East Welcome Center Parking
3.97 miles
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West Welcome Center Parking
3.98 miles
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Flint Ave Garage
4.76 miles
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Residence Hall Parking - Lot Z3
4.83 miles
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Commuter Parking - Lot S1
4.84 miles
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Commuter Parking - Lot S2
4.93 miles
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Lot F-0
5.00 miles
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Goin' Band Practice Area
5.01 miles
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Visitor Park & Pay
5.02 miles
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Lot F-1
5.05 miles
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Staybridge Suites
0.90 miles
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Comfort Suites
0.96 miles
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Embassy Suites
1.01 miles
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Extended Stay America
1.07 miles
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Ashmore Inn & Suites
1.38 miles
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Courtyard by Marriott
1.43 miles
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Fairfield Inn
1.46 miles
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Hampton
1.50 miles
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Hampton
1.82 miles
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Homewood Suites
1.83 miles
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Tropical Smoothie Cafe
0.07 miles
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McDonald's
0.07 miles
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J & M Bar-B-Q Express
0.11 miles
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KFC
0.11 miles
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Taco Bell
0.13 miles
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Yuyo Japanese Restaurant
0.13 miles
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RibCrib BBQ & Grill
0.15 miles
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Dairy Queen
0.16 miles
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Rosa's Cafe Tortilla Factory
0.26 miles
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Sheridan's Frozen Custard
0.29 miles
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Irons Middle School
0.28 miles
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Whiteside Elementary School
0.46 miles
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Smith Elementary School
0.71 miles
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Crestview Elementary School
1.29 miles
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Hope Lutheran School
1.32 miles
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Honey Elementary School
1.62 miles
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Williams Elementary School
1.63 miles
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Lubbock Cooper West Elementary
1.65 miles
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Heritage Middle School
1.70 miles
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Evans Middle School
1.91 miles
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Ripley Do-Da's Learning Center
1.29 miles
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Neighborhood Academy
1.31 miles
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Kidz Kare Too
1.57 miles
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Christ the King ECDC
2.16 miles
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Tree House Children's Academy
2.42 miles
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Kids Are Cool
2.81 miles
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Playhouse and Learning Station
2.97 miles
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Achievers Learning Center
3.07 miles
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Shelby & Friends Day Care Center
3.09 miles
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Here We Grow Children's Learning Center
3.46 miles
Frequently Asked Questions
How much does Office property in Lubbock, TX cost?
The space currently listed for sale at Office property in Lubbock, TX asks for $2,450,000.
What is the total square footage of Office property in Lubbock, TX?
Office property in Lubbock, TX totals 6,630 square feet.
When was this property built?
Office property in Lubbock, TX was built in 2015.
Looking for more in-depth information on this property?
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Contact Listing Broker
David Powell
The KW Commercial Powell Group