Lubbock, TX 79424

Natural Grocers

Property Address

7208 Slide Road, Lubbock, TX, USA

Offering Summary

  • Price: $6,296,000
  • Lot Size: 1.72 Acres
  • Cap Rate: 6.50%
  • Year Built: 2013
  • Building SF: 15,293
  • Status: Available
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  • ~8 Years Remaining on Corporate Lease Term
  • Next Rent Increase Occurs in 2023
  • 202,243 Residents within a 5-Mile Radius - Growing Lubbock Trade Area
  • Average Household Income Exceeds $88K within a 3-Mile Radius
  • Signalized Hard Corner Location - Nearly 40,000 Cars/Day at the Intersection of Slide Road and 73rd Street
  • Essential Service Located in Income Tax-Free State
  • Surrounded by Major National Restaurant Chains and Retailers - Hobby Lobby, Michaels, Old Navy, Michaels, Chick-fil-A, McDonald’s, and More
  • Easily Accessible - Less Than 1 Mile Off the Loop 289, a Primary Connector for the Lubbock Area

Broker Information