1627 County Road 7340, Lubbock, TX, 79423

Highlights

• - Corporate Lease - https://sammonsindustrial.com/
• - 5,828 SF industrial/service/technician building
• - Recently constructed in 2021
• - Fully occupied with 100% occupancy
• - Single tenant investment opportunity
• - New lease with over 4 years remaining
• - Occupied by a quality, reliable tenant
• - NN lease type for low-maintenance investment
• - Prime location in the bustling Lubbock area

Description

This industrial management operations facility is fully leased to a single credit tenant on a Double Net lease with more than four years remaining, leaving almost no landlord responsibilities. It features a 1,000-square-foot office space with a restroom and an implement shed. The remaining space accounts for the warehouse area, which is heated and cooled with blown foam insulation. It includes two 14-foot by 14-foot overhead doors, a Big Ass Fan, 16-foot wall height, 23-foot eave height, and gas overhead units.

https://sammonsindustrial.com/
Tenant (Briggs Equipment) INFO: Sammons Enterprises, Inc., is a diverse holding company composed of financial services, industrial equipment, real estate investment, and infrastructure businesses operating in four countries. Headquartered in Dallas, Texas (US), Sammons was established in 1938. With over $7 billion in annual revenues and over $131 billion in assets, Sammons is one of the largest privately held companies in the US.

Lubbock, TX. Approximately one mile from HWY 87 and 4 miles to I-27 and Loop 289.