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23360096
23360108

3906 M.l. King Jr. Boulevard, Lubbock, TX 79404

DW
TX-550528
Williams & Company Real Estate, LLC
Listed by Williams & Company Real Estate, LLC
$785,000
387 days on market
Updated 35 days ago

3906 MLK Jr Blvd

Details
APN R34312 & R34366
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 9,100
Cap Rate 7.31%
NOI $57,408
Tenancy Single
Lease Term 3
Lease Expiration 11/30/2027
Class B
Year Built 1967
Buildings 2
Stories 1
Acreage 3.200
Zoning LI- Light Industrial
Investment Type Value Add
Lease Commencement 11/01/2024
Occupancy Date 12/01/2027
Ground Lease No
Ceiling Height 16'
Sale Condition For sale by owner

Industrial | 7.31% CAP | 9,100 SF

Marketing description

This fully leased industrial property offers a turnkey investment opportunity in the heart of Lubbock’s trucking and logistics corridor. Situated on approximately 3.2 acres along Martin Luther King Jr. Blvd, the site features long-term tenants and functional infrastructure designed for transportation and storage operations.

The property includes a ~6,000 sq ft office-warehouse with approximately 1,000 sq ft of finished office space and 5,000 sq ft of shop space. The warehouse is equipped with four 14’ x 14’ grade-level overhead doors, a service pit, and a 16 ft clear height—ideal for fleet access and maintenance.

In addition, a 4,100 sq ft quonset barn provides covered storage and utility space, enhancing the property’s appeal to logistics-based users.

With a fully fenced, caliche yard and a strong industrial location near major highways, this income-producing asset presents a rare opportunity for investors seeking stability and functionality in Lubbock’s growing industrial market. The property is leased through November 2027 under terms that require minimal landlord responsibilities, offering dependable cash flow with low management demands. For future flexibility, the property also presents excellent equity growth potential for an owner-user down the road.

Listing Contacts

DW
TX-550528
Williams & Company Real Estate, LLC
Listed by Williams & Company Real Estate, LLC

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$57,408.00
$4,784.00/mo

Valuation Metrics

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DSCR
7.31%
Cap Rate
7.31%
ROI

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