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Lubbock, TX 79413
Action Behavior Centers
Property Address
3721 50th Street, Lubbock, TX, USA
Offering Summary
Price:
$5,480,000
Lot Size:
1.36 Acres
Cap Rate:
7.35%
Year Built:
1985/2025
Building SF:
11,430
Status:
Available
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Principal
Broker
6 Years Remaining on Triple-Net (NNN) Lease with Corporate Guaranty
Annual Rental Increases with Multiple Renewal Options
Growing Tenant - Action Behavior Centers has More Than 350 Locations
Private Equity Firm CharlesBank Acquired Action Behavior Centers in 2022 (Valued at $840M at the Time of Sale, and Continuing to Grow)
Densely-Populated Lubbock Trade Area - ±245,675 Residents within a 5-Mile Radius
Average Household Income Exceeds $87,000 within the Immediate Area
Excellent Frontage Along 50th Street (±25,880 Cars per Day), Easily Accessible via Interstate 27 and TX 289 Loop
Centrally Located within a 10-Minute Drive of South Plains Mall, Downtown Lubbock, and Texas Tech University
Broker Information
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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