Investment Overview
4302 Ironton Avenue offers an opportunity to acquire an 87,614 SF income-producing office/warehouse facility situated on approximately 3.92 acres in Lubbock, Texas. The property features beautifully finished, two-story office space with modern finishes, private offices, conference rooms, and collaborative work areas, complemented by expansive, functional warehouse space.
The property is fully leased under a 72-month NNN lease that commenced October 23, 2026, with annual rental escalations and a first-year net operating income of $660,000. The recently executed lease provides investors with an established income stream and scheduled rental growth.
Combining quality office improvements, versatile industrial space, and long-term tenant occupancy, this property presents an attractive investment opportunity in the Lubbock industrial market.
Investment Highlights
- $660,000 first-year NOI
- 3% Annual escalations
- 72-month NNN lease commencing October 23, 2026
- Income-producing investment with tenant in place
- Beautifully finished, two-story office space
- Approximately +/- 21,294 SF of office space & +/- 66,320 SF of Warehouse space