Johnson Controls - Lubbock, TX

For Sale

1603 W Loop 289, Lubbock, TX 79416

This Lubbock property for sale is located at 1603 W Loop 289. The general use of Johnson Controls - Lubbock, TX is office and it incorporates 8,508 square feet of class B office space. The current listed sale price for Johnson Controls - Lubbock, TX is $1,944,686. Johnson Controls - Lubbock, TX is situated on a lot that is 0.62 acre in size.

Contacts

broker

Parker Carroll, CCIM

TREK Investment Group

Property Details

  • Property Type Office - General Office
  • Property Size 8,508 SF
  • Lot Size 0.62 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1984
  • Date Updated Apr 23, 2024
LUBBOCK, TEXAS Lubbock, Texas is a thriving city in northwest Texas with a Metro population of over 324,000+ residents. It is the 11th largest city in Texas and the 84th largest city in the United States with a population increase of 13.61% since the 2010 census. The city has a strong, diverse economy that is based on agriculture, health care, manufacturing, wholesale and retail trade, and education. The Lubbock area is the largest contiguous cotton-growing region in the world. It is home to 4 institutions of higher learning including Texas Tech University, Lubbock Christian University, Wayland Baptist (Lubbock campus) and South Plains College. Texas Tech has the distinction of being the largest comprehensive higher education institution in the western two-thirds of the state of Texas with a student enrollment of over 40,000 annually. Lubbock serves as a medical center for 77 counties with 4 major medical centers offering the most comprehensive health care services between Dallas/Ft. Worth and Phoenix. Lubbock Preston Smith International Airport, an official U.S. Customs Port of Entry, offers four major air carriers and four air freight companies. As the “Hub” of the 26-county region of West Texas and Eastern New Mexico, over 596,000 people look to Lubbock for their shopping, dining, entertainment, transportation and medical needs. "3 Major Business Expansions Create 400+ Jobs and $103.1M in Capital Investment" June 17, 2020 Announcement by Lubbock's Economic Development Alliance LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE: https://lubbockeda.org LUBBOCK HIGHLIGHTS "HUB" of 26-County Region of West Texas and Eastern New Mexico Texas Tech University - 40,000+ Students #11 Largest City in Texas | #84 Largest City in U.S. #15 “Best Place to Launch a New Business” – by WalletHub 2016 #27 “Best Large US Cities to Start a New Business” - by WalletHub 2018TREK Investment Group is pleased to offer for sale the Johnson Controls Inc office building in Lubbock, Texas. This is a BBB+ Investment Grade Corporate Tenant with 2,000+ global locations on 6 continents. Johnson Controls has occupied this space for 35+ years, since 1986. The subject property is strategically situated at the intersection of TX-289 Loop and TX-114, both major corridors through Lubbock seeing 67,000+ VPD. National and Regional Tenants surround the property such as Academy, Walmart Supercenter, Chick-fil-A, Dollar General, Ace Hardware, McDonalds, Best Buy, Toyota-Kia-Audi, and more. Additionally, HEB has recently purchased the property directly across 19th street between the Audi dealership and the Yates flooring store.

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Highlights

  • NNN Lease with Long-term Corporate Tenant since 1986
  • New Roof Replaced 2022
  • Investment Grade Tenancy (BBB+)
  • 2,000+ Global Locations on 6 Continents
  • Most Dense Area of Lubbock | Intersection of TX-114 and TX-289 Loop w/67,000+VPD
  • 12 miles from Lubbock Int'l Airport | Less than 3 miles from Texas Tech University with 40,000+ Students
  • National and Regional Tenants surround the property such as Academy, Walmart Supercenter, Chick-fil-A, Dollar General, Ace Hardware, McDonalds, Best Buy, Toyota-Kia-Audi, and more

Attachments

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  • 27/100

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  • 49/100

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Location

  • City Lubbock, TX
  • Neighborhood Bowie
  • Zip Code 79416
  • Market Lubbock

Points of Interest

  • Phillips 66

    0.19 miles

  • Alon

    0.42 miles

  • Bolton

    0.61 miles

  • 7-Eleven

    0.91 miles

  • Murphy USA

    0.99 miles

  • Costco Gasoline

    1.12 miles

  • Bolton Service Station

    1.16 miles

  • Tesla Supercharger

    4.22 miles

  • SPEC ChargePoint Station

    5.99 miles

  • West Welcome Center Parking

    0.45 miles

  • East Welcome Center Parking

    0.49 miles

  • vacant

    2.08 miles

  • Commuter Parking - Lot S1

    2.49 miles

  • Commuter Parking - Lot S2

    2.56 miles

  • Lot F-1

    2.77 miles

  • Lot F-0

    2.78 miles

  • WoodSpring Suites Lubbock West

    0.46 miles

  • Aloft

    0.91 miles

  • Sleep Inn and Suites Lubbock

    1.10 miles

  • Quality Inn & Suites

    1.29 miles

  • Wingate by Wyndham Lubbock near Texas Tech Univ. Medical Ctr

    1.53 miles

  • Comfort Suites University

    1.72 miles

  • Days Inn & Suites by Wyndham Lubbock Medical Center

    1.75 miles

  • Baymont Lubbock West

    1.87 miles

  • Holiday Inn Express Lubbock West

    1.87 miles

  • Hilton Garden Inn Lubbock

    1.88 miles

  • Food King

    0.28 miles

  • Walmart Supercenter

    0.70 miles

  • Marshalls

    0.94 miles

  • United Supermarkets

    1.06 miles

  • Big Lots

    1.39 miles

  • Market Street

    2.07 miles

  • Burlington

    2.15 miles

  • Target

    2.28 miles

  • Ross

    2.33 miles

  • Cavender's

    2.57 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Parker Carroll, CCIM

TREK Investment Group