Lubbock, Texas, is a prime location for investing in warehouses, with 18 available listings offering a range of opportunities for businesses and investors. Warehouses in Lubbock can represent a variety of investments, from distribution centers and manufacturing facilities to storage and logistics hubs. With its strong economy, rich history, and cultural attractions, Lubbock is an attractive place to invest in a warehouse. The city's amenities, including its international airport, public transportation system, and major transportation facilities, make it an ideal location for businesses that rely on efficient logistics and supply chain management. Additionally, Lubbock's educational institutions, such as Texas Tech University, and its strong healthcare sector, contribute to a skilled workforce and a high quality of life. The city's geography, with its proximity to major highways and rail lines, also makes it an attractive location for businesses that need to transport goods quickly and efficiently. Overall, Lubbock is a great place to invest in a warehouse, with its unique blend of economic, educational, and cultural attractions.
Lubbock's warehouses offer a range of benefits, from their proximity to major transportation hubs to their access to a skilled workforce. In addition to warehouses, Lubbock also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Lubbock are ideal for businesses that require specialized facilities and equipment, while land offers opportunities for development and growth. Residential income homes provide a steady stream of revenue, and commercial real estate offers a range of opportunities for businesses and investors. With its strong economy and high quality of life, Lubbock is an attractive location for businesses and investors looking to invest in any of these property types. Overall, Lubbock's warehouses and other property types offer a range of opportunities for businesses and investors, with their unique blend of economic, educational, and cultural attractions.
What are the key features investors look for in warehouses in Lubbock?
When searching for warehouses in Lubbock, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot, currently at $89 USD, and average size of 20,442 square feet, with some warehouses offering up to 67,189 square feet of space.
- A strong cap rate, with an average of 12.4%, to ensure a solid return on investment.
- Proximity to major transportation hubs, such as the Lubbock Preston Smith International Airport and major highways like Interstate 27 and US 62, to facilitate easy shipping and logistics.
What size warehouses are available to buy in Lubbock?
Warehouses for sale in Lubbock, Texas, come in a range of sizes, with an average size of 20,442 square feet, and the largest available warehouse spanning 67,189 square feet, offering ample space for businesses to operate and grow.
How much does it cost to buy a warehouse in Lubbock?
When it comes to buying a warehouse in Lubbock, the cost can vary depending on factors such as size, location, and condition, but on average, you can expect to pay around $89 USD per square foot, with the average warehouse size being around 20,442 square feet, and the largest available warehouse spanning 67,189 square feet, with a cap rate of 12.4%, and with 18 available listings to choose from.
