Office property in Lubbock, TX

For Sale

5202 82nd Street, Lubbock, TX 79424

This Lubbock property for sale is located at 5202 82nd Street. The current listed sale price for Office property in Lubbock, TX is $2,450,000.

Contacts

broker

David Powell

The KW Commercial Powell Group

Property Details

  • Property Type Office
  • Units 0
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2015
  • Date Updated Nov 15, 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.

 

 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 66/100

    Walk Score ®

  • 19/100

    Transit Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lubbock, TX
  • Neighborhood Remington Park
  • Zip Code 79424
  • Market Lubbock

Points of Interest

  • Bolton

    0.06 miles

  • Valero

    0.08 miles

  • Phillips 66

    0.75 miles

  • Conoco

    0.94 miles

  • Alon

    1.06 miles

  • E-Z Mart

    1.10 miles

  • Murphy USA

    1.25 miles

  • Tesla Supercharger

    2.23 miles

  • SPEC ChargePoint Station

    7.24 miles

  • vacant

    3.76 miles

  • East Welcome Center Parking

    3.97 miles

  • West Welcome Center Parking

    3.98 miles

  • Lot C17

    4.54 miles

  • Flint Ave Garage

    4.76 miles

  • Commuter Parking - Lot S1

    4.76 miles

  • Residence Hall Parking - Lot Z3

    4.79 miles

  • Staybridge Suites

    0.90 miles

  • Comfort Suites

    0.96 miles

  • Embassy Suites

    1.01 miles

  • Extended Stay America

    1.07 miles

  • Ashmore Inn & Suites

    1.38 miles

  • Courtyard

    1.43 miles

  • Fairfield Inn

    1.46 miles

  • Hampton

    1.50 miles

  • Homewood Suites

    1.83 miles

  • Studio 6

    2.83 miles

  • Natural Grocers

    0.54 miles

  • Chrome

    0.95 miles

  • TJ Maxx

    1.03 miles

  • Mardel's

    1.06 miles

  • United Supermarkets

    1.08 miles

  • Sprouts Farmers Market

    1.11 miles

  • Ross

    1.13 miles

  • Walmart Supercenter

    1.21 miles

  • JCPenney

    1.22 miles

  • Dillard's

    1.34 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

David Powell

The KW Commercial Powell Group