Dollar General
$1,600,000
10404 Slide Rd, Lubbock, TX 79424
4.76
Cap Rate
76,224
NOI
Details:
Highlights:
- Gross Income: $ 76224.0
Description:
Lubbock is one of the fastest-growing regional markets in West Texas, serving as the economic, educational, healthcare, and retail hub for a broad multi-state trade area that extends throughout West Texas and Eastern New Mexico. The city’s population has grown to approximately 272,000 residents, with continued expansion driven by strong employment growth, healthcare investment, higher education, and ongoing commercial development. Lubbock’s diversified economy is anchored by major industries including healthcare, agriculture, energy, logistics, education, and retail, making it a stable and attractive market for both businesses and investors.
At the center of the city’s growth is Texas Tech University, a nationally recognized Tier One research institution and one of the largest universities in Texas. Texas Tech has surpassed 42,000 students and continues to experience record enrollment growth, including the largest incoming freshman classes in school history. The university serves as a major economic driver for the region, fueling demand for retail, office, hospitality, multifamily, and entertainment uses while attracting students, faculty, researchers, and visitors from across the country.
Dollar General exercised 5-year renewal beginning on 8/1/2026 at $83,844.00/per
Stucco replaced in 2025
Metal roof replaced in 2025
Coldwell Banker Commercial, Capital Advisors is pleased to offer for sale a Dollar General in fast growing southwest Lubbock. Strategically located at 10404 Slide Road in rapidly expanding South Lubbock, this long-standing Dollar General location has successfully operated since 2005, demonstrating over two decades of proven operating history and market commitment. The tenant has completed its initial primary lease term and has continued to exercise its renewal options, most recently extending the lease through an additional 5-year renewal term, reinforcing confidence in the site’s long-term performance and trade area strength.
Positioned along one of Lubbock’s premier growth corridors, the property benefits from strong surrounding development activity including expanding residential neighborhoods, new schools, commercial growth, and increasing traffic counts throughout the area. The site’s high visibility and accessibility within a rapidly developing retail corridor make it a well-positioned investment opportunity backed by an established national tenant with demonstrated long-term occupancy history.
Listing ID: f5e5318b-563c-4299-b133-0ab5128511a5
Documents:
| Title | ||
|---|---|---|
| DollarGeneral OM.pdf |
Location
