Office property in Lubbock, TX

5202 82nd Street, Lubbock, TX 79424

Property Information

  • For Sale $2,450,000
  • Property Type Office
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2015
  • Date Updated May 15, 2026

Description

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.

 

 

Contacts

David Powell

The KW Commercial Powell Group

Location

Located at 5202 82nd Street, Lubbock, TX 79424, this property is part of the Remington Park neighborhood and Lubbock market.

Contact Listing Broker
David Powell

The KW Commercial Powell Group

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