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210 289 loop
Lubbock, TX 79416 North By Northwest

$7,300,000 USD

Freestanding For Sale  •  17,549 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 17,549 SF
  • Lot Size 2.92 AC
  • Building Class B
  • Year Built 2026
  • Cap Rate 5.75 %
  • Tenancy Single
24 Transit Score
53 Walk Score

Highlights

15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Brand New 2026 High Quality Construction. Caliber Collision is the Nation’s Largest Collision Repair provider, with 1,800+ Convenient Locations.
Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
Strategic Access to Major Regional Transportation Routes - Convenient Access to Marsha Sharp Freeway, Loop 289, and U.S. Highway 84.
Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System.
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Caliber Collision Center 17,549 SF 9/30/2041

Public Transportation

AirportDriveWalkDistance
Lubbock Preston Smith International 26 min - 14.5 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap