Dura-Line Manufacturing & Distribution Facility
Industrial | 6.00% CAP | 201,913 SqFt
Marketing description
Newmark has been exclusively engaged to offer for sale the Dura Line manufacturing facility located at 904 Lubbock
Business Park Boulevard in Lubbock, Texas. The Property is 100% net leased to Dura Line on a long term fifteen year
lease. The Offering consists of a Class A 201,913 square foot institutional quality distribution warehouse situated on 20
acres.
This facility will be used to manufacture plastic conduit for fiberoptic lines. Dura Line is a leading manufacturer and
distributor of high density polyethylene (HDPE) conduit, duct, and pressure pipe solutions. These products are used to
protect and house electrical and communication cables. Dura Line’s products are widely used in the telecommunications
industry, as well as in infrastructure projects involving power, water, and gas utilities.
The Property is located within the Lubbock Business Park, approximately one mile south of the Lubbock Preston Smith
International Airport. The Park has water, electric, natural gas, and fiber available. Other tenants in the park include
Amazon, O’Reilly Distribution Center, Standard Sales (Anheuser-Busch), Verizon Wireless, and Republic National
Distributing Company.
Investment highlights
- STRONG CREDIT TENANT - DURA-LINE -S&P BBB- RATED PARENT
- LUBBOCK BUSINESS PARK - DISTRIBUTION CENTER – CONCRETE TILT CONSTRUCTION
- STRATEGIC WAREHOUSE LOCATION – DIRECT INTERSTATE ACCESS
- LONG TERM PASSIVE LEASE STRUCTURE WITH MINIMAL LANDLORD OBLIGATIONS
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