Property Address
7735 Marsha Sharp Freeway West, Lubbock, TX, USA
Offering Summary
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Price: $3,962,000
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Lot Size: 1.02 Acres
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Cap Rate: 6.3%
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Year Built: 2024
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Building SF: 4,126
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Status: Available
Submit Offer
- New 20-Year Absolute Triple-Net (NNN) Lease with a Top IHOP Franchisee - 100+ Location Operator/Guarantor
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Easily Accessible Location with Close Proximity to US 62 (25,418 Cars per Day)
- Part of the Future Covenant Park Development [72-Acre Mixed Use Development]
- Location within a 15-Minute Drive of Downtown Lubbock
Broker Information
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Mark Ruble
Agent
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Chris Lind
Agent
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Zack House
Agent