8912 County Road 6835
$845,000
8912 County Road 6835 Lubbock, TX 79407
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About this listing
DESCRIPTION
Industrial Investment Property. This 8,250 sq ft building is 100% leased to Dora Moss, a high end builder of custom murphy beds and other in come custom construction. The property sits on 1.47 acres and the warehouse features a large office/showroom area and three sections of warehouse: a storage/materials area, a paint section for painting the cabinets and a cabinetry section for building the products.
The property is leased through 5/30/2029. Current rent is $7,075/month Modified Gross (landlord pays taxes and insurance). Rate increases each June.
Learn more about the tenant at their website: doramoss.com
HIGHLIGHTS
- Industrial Investment Opportunity
- Leased Through 5/30/2029
AREA
Located in West Lubbock in the Inler Business Park, this property has quick access to Wolfforth, Shallowater and all parts of Lubbock.
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Cap Rate
8.87%
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NOI
$74,948.87
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Building Size
8,250 sqft
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Lot Area
64,246 sqft
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Year Built
2023
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Zoning
None - Outside City Limits
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MLS ID
Not Available
Details
- • Gross Income: $ 90969.0
