For Sale

New Construction Retail on Upland Ave

8333 Upland Ave,
Lubbock, TX 79424
Represented by
WestMark Commercial | TCN Worldwide

Asset Snapshot

Power Center
Retail Subtype
2024
Year Built

Offering Summary

Investment Overview

Leased investment opportunity featuring a diverse mix of established office and retail tenants with staggered lease expirations through 2032, providing stable cash flow and minimizing rollover risk. The 7,414 SF property generates approximately $221,864 in Net Operating Income, offering investors close to a 7.0% capitalization rate at the $3,400,000 asking price. A combination of NNN and Base Year lease structures helps provide predictable operating expenses while positioning the asset for future rental growth. This is an exceptional opportunity to acquire a stabilized, income-producing asset with long-term upside.


Investment Highlights

  • Lease expirations staggered through 2032
  • Strong mix of office and retail tenants
  • Opportunity for future upside through lease-up and rental growth.

How it Works

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Listing Syndicated From

Buildout
For Sale
$3,000,000
Asking Price

Investment Sales Broker

Kelsey Zickefoose, MBA, CCIM
WestMark Commercial | TCN Worldwide