Lubbock, TX 79416

Sherwin-Williams

Property Address

4th Street & Milwaukee Avenue, Lubbock, TX, USA

Offering Summary

  • Price: $3,116,000
  • Lot Size: .57 Acres
  • Cap Rate: 4.75%
  • Year Built: 2022
  • Building SF: 4,500
  • Status: Available
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  • Brand New 10-Year Corporate Lease with Sherwin-Williams (NASDAQ: SHW)
  • New High-Quality 2022 Construction
  • Rare 10 Percent Rental Increases Every Five Years
  • 129,469 Residents and 172,734 Daytime Employees within a Five-Mile Radius - Dense Lubbock, TX Infill
  • Outparcel to United Supermarkets and Adjacent to Newly-Built Starbucks
  • Directly Across from Shadow Hills Golf Course
  • Situated at a High-Traffic Intersection with 25,700+ Cars/Day at the Corner of 4th Street and Milwaukee Avenue
  • Average Household Income Exceeds $72,000 in the Immediate Area
  • A Five-Minute Drive Away from 40,600+ College Students at Texas Tech University
  • Less Than Two Miles West of a Walmart-Anchored Retail Center and Two Miles North of West End Center - Lubbock’s Premier Outlet Shopping Destination with Cabela’s, Marshalls, HomeGoods, Costco, Nike, Skechers, Bed Bath & Beyond, and More

Broker Information