4433 34th St
$395,000
4433 34th St, Lubbock, TX 79410
9.29
Cap Rate
36,710.68
NOI
Details:
Highlights:
- Gross Income: $ 42285.48
Description:
High-visibility corridor: frontage on 34th Street
Central Lubbock location
Easy access
Established trade area
Fully leased, single-tenant NNN investment
9.29% cap rate
Built-in rent growth: 2% annual base rent increases
Market-supported rent: $8.50/SF NNN
Ideal for 1031 or first-time investors: low-management ownership with long-term tenant stability.
4433 34th Street is a fully leased, single-tenant NNN office investment in central Lubbock, offered at $395,000. The roughly 3,672 SF building is occupied by an established local business on a new 5-year NNN lease with 2% annual escalations. The property sits on the 34th Street corridor just west of Quaker Avenue, minutes from Texas Tech University and the medical district, making it a strong fit for 1031 exchange buyers and investors seeking stable, growing income.
Listing ID: b5220138-5925-47ed-af68-c719629ede10
Documents:
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| 4433 34th St Flyer |
Location
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