Contacts

Cody Crist

Trinity Real Estate Investment Services

Property Details

Property Type Retail - Freestanding
Property Size 8,460 SF
Units 1
Lot Size 0.73 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Year Built 1972
Year Renovated 1990
Date Updated Oct 21, 2024

TBDTBD

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Highlights

Sherwin Williams Paints Lease With 9.5+ Years Remaining on Current Term
NN Lease Requiring Minimal Landlord Responsibilities, Only Responsible for Foundation and Structure
Attractive 8% Rent Increase Every 5 Years That Occurs Throughout Primary Term and Options
Extremely Dense Demographics With 244,000+ Residents in a 5-Mile Radius
5 Miles Away From Downtown Lubbock, the Economic, Educational, and Health-Care hub of the Multicounty Region
Excellent Visibility Along 50th St Generating 28,000+ Vehicles Passing in Front of Subject Property per day
Situated Around Various Big Box Tenants, Apartments, and Schools Within 2 Miles Creating Additional Customer Traffic for the Area
Sherwin-Williams is Considered an Investment Grade Tenant With an S&P Credit Rating of BBB

Getting around

70/100
Walk Score ®
24/100
Transit Score ®
47/100
Bike Score ®

Powered by Walk Score ®

City Lubbock, TX
Neighborhood Leroy Elmore
Zip Code 79414
Market Lubbock

Points of Interest

Alon

0.21 miles
Valero

0.80 miles
EZ-Mart

1.25 miles
Murphy USA

1.33 miles
Phillips 66

1.41 miles
E-Z Mart

1.50 miles
Murphy Express

1.62 miles
Circle K

1.79 miles
Tesla Supercharger

3.57 miles
SPEC ChargePoint Station

5.29 miles

vacant

1.70 miles
Lot C17

2.44 miles
East Welcome Center Parking

2.46 miles
West Welcome Center Parking

2.48 miles
Commuter Parking - Lot S1

2.67 miles
Flint Ave Garage

2.69 miles
Residence Hall Parking - Lot Z3

2.75 miles

Saigon

0.04 miles
Sakura Noodle House & Sushi Bar

0.08 miles
Taco Villa

0.09 miles
Smokin J's

0.13 miles
Little Caesars

0.15 miles
Subway

0.15 miles
Seoul

0.17 miles
Dimba's

0.20 miles
Tokyo

0.22 miles
Stella's

0.26 miles

Oriental Market

0.33 miles
Ross

1.06 miles
Dillard's

1.06 miles
South Plains Mall

1.14 miles
Market Street

1.16 miles
JCPenney

1.17 miles
Chrome

1.21 miles
Mardel's

1.30 miles
TJ Maxx

1.32 miles
Walmart Supercenter

1.44 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.