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515 N I-27
Lubbock, TX 79403

$3,600,700 USD

Service For Sale  •  29,840 SF

Property Details

  • Property Type Service
  • Total Building Size 29,840 SF
  • Lot Size 3.57 AC
  • Building Class C
  • Year Built 1972
  • Tenancy Single
  • Zoning HC
17 Transit Score
13 Walk Score

Highlights

ABSOLUTE NNN LEASE: Ideal passive investment opportunity, backed by a true triple-net lease with zero financial landlord responsibilities
INVESTMENT-GRADE TENANT: Loomis is a nationally recognized cash-management and secure-logistics operator with investment-grade credit (S&P BBB)
TERM & RENT INCREASES: Over 7 years remaining on the base term, with a 10% increase in 2028
TEXAS TAX BENEFITS: Texas has no personal or corporate income tax which enhances overall investor yield and long-term return potential
STRATEGIC LUBBOCK INDUSTRIAL LOCATION: With efficient access to regional highways and rail, Lubbock serves as a key distribution and manufacturing hub
RESILIENT MARKET FUNDAMENTALS: Lubbock benefits from a stable labor base and a diversified economy anchored by Texas Tech University

Property Flyers

Amenities

  • Fenced Lot

Public Transportation

AirportDriveWalkDistance
Lubbock Preston Smith International 20 min - 9.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap