3721 50th St
Lubbock, TX 79413 Maedgen Area

$5,480,000 USD

Medical For Sale • 11,430 SF

Property Details

Property Type Medical
Total Building Size 11,430 SF
Lot Size 1.36 AC
Building Class B
Year Built 1985
Tenancy Single
Zoning NC

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                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