Aaron's and Rolls & Bowls

Highlights:

• Gross Income: $ 0.0

Description:

This property is perfectly situated on the busiest thoroughfare in Lubbock, TX. Located directly across from the South Plains Mall and just off the intersection of Slide Road and S. Loop 289, this site is privy to the more than 180,000 vehicles per day that pass through this part of Lubbock. Surrounded by National retailers, this area of Lubbock draws in the more than 300,000 Lubbock residents as well as the 26 counties that surround Lubbock. These citizens look to Lubbock for all their shopping, dining, and entertainment needs and surpasses over 750,000 citizens in total.

- 24,610 SF building

- 2 units

- Built in 1988

- Renovated in 2022

- Aaron's Signed a primary 7 year lease in 2022 with two (2) Three year options

- Aaron's has 2% Annual Base Rent increases

Coldwell Banker Commercial, Capital Advisors, the exclusive broker, presents an outstanding opportunity to acquire a prime multi-tenant center featuring Aaron’s Home Furnishings and Rolls & Bowls in Lubbock, TX. This investment offers a compelling prospect for long-term growth and stability, backed by top-performing tenants and a strategic location in one of the most resilient economic markets in Texas.

Tenant Highlights
Aaron’s Home Furnishings
• Two years into a 7-year primary term with two (2) options to extend
• Annual 2% base rental increases throughout the primary term and renewal options
• Operated by one of the top franchisees in the brand
• Recently ranked #2 in store sales nationwide according to their store manager, with strong growth trajectory
Rolls & Bowls Center
• Signed a 7-year primary term with one (1) five-year option and a 10% bump starting in year 4
• Opening a sister location to their successful All About Cha restaurant in West Lubbock (West End Shopping Center)
• Featuring a scaled-down menu with a drive-thru, primed for success

Strategic Location
This center enjoys a prime location just off the main intersection of Slide Road and S. Loop 289, the busiest intersection in Lubbock. The attractive site is adjacent to the South Plains Mall and surrou nded by national retailers, ensuring a steady flow of customers.

Property Highlights
• Well-established multi-tenant, NNN property (Landlord responsibl e for roof (replaced in 2019) & Structure)
• Prime location in one of the most resilient economic markets in Texas
• Top-performing tenants with strong backing and growth potential

This opportunity presents a robust prospect for investors seeking a stable and lucrative investment in a prime multi-tenant property. With its strategic location, top-performing tenants, and strong fundamentals, this investment offers a compelling opportunity for long-term growth and stability.

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Listing ID: 6f78d6b3-a184-499d-89d9-8c95047a87cb

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