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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29107660
29107661

5610 58th St, Lubbock, TX 79424

CW
TX TX 773761
McDougal Realtors
Listed by McDougal Realtors
$800,000
152 days on market
Updated 55 days ago

5610 58th St

Details
Property Type Retail
Sub Type Auto Dealership
Square Footage 3,000
Net Rentable (SqFt) 3,000
Cap Rate 8.12%
NOI $65,000
Occupancy 100%
Tenancy Single
Brand/Tenant Shift Automotive Group
Lease Type Modified
Lease Term 3
Lease Expiration 09/30/2028
Remaining Term 2.3
Price per SqFt $267
Class B
Year Built 2000
Acreage 0.690
Zoning Light Commercial-LC
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 10/01/2025
Occupancy Date 09/30/2028

Retail | 8.12% CAP | 3,000 SqFt

Marketing description

This property at 5610 58th Street in Lubbock offers a stable, income-producing opportunity in a highly visible and well-traveled location. The 3,000 square foot building sits on approximately 0.69 acres and is occupied by an established auto dealership that has operated at this location since 2017. The tenant recently renewed their lease for the term of October 1, 2025 through September 30, 2028, providing continued reliability and consistent cash flow.

The property is positioned just off West Loop 289 in a high-traffic corridor, offering excellent exposure and convenient access. Ownership currently pays for taxes and insurance, creating a straightforward and easily managed investment structure.

This asset is well suited for investors seeking a long-term tenant in a strong Lubbock commercial location.

Contact agent for showing/additional information.

Listing Contacts

CW
TX TX 773761
McDougal Realtors
Listed by McDougal Realtors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$65,000.00
$5,416.67/mo

Valuation Metrics

0
DSCR
8.13%
Cap Rate
8.13%
ROI

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Additional Information

Name
Carrigan Williams
License
TX 773761
Brokerage Address
1500 Broadway Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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