6507 82nd St
Lubbock, TX 79424

Price Upon Request

Auto Repair For Sale • 7,700 SF

Property Details

Property Type Auto Repair
Total Building Size 7,700 SF
Lot Size 1 AC
Building Class B
Year Built 2017
Tenancy Single

0 Transit Score

59 Walk Score

                
                    Highlights
                
                                Long-Term, 20-Year Base Term Lease with 13 Years Remaining in Primary Term
                            
                                Rental Increases:  10% increase in year 11, and a 15% increase in year 16 of the Primary Term; 8% increases in each of the 7 Option Periods
                            
                                Visible Location at a Heavily Developed Intersection
                            
                                No Landlord Responsibilities; absolute NNN Ground Lease with zero Landlord responsibilities throughout Primary Term & Option Periods
                            
                                Corporate Lease with Investment Grade Credit