www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31826155
31826154

2615 W 24th Street, Plainview, TX 79072

DP
TX TX 257988
Keller Williams Realty
Listed by Keller Williams Realty
$1,425,000
82 days on market
Updated 82 days ago

NNN Medical Investment Property - 2615 W 24th Street

Details
Property Type Office
Sub Type Medical Office
Square Footage 3,838
Cap Rate 8.00%
NOI $114,000
Occupancy 100%
Tenancy Single
Brand/Tenant Super Smiles Family Dentistry
Lease Type NNN
Lease Term 7
Rent Bumps Yes
Lease Options Two (5-year) renewal options
Price per SqFt $371
Year Built 1971
Acreage 0.390
Zoning GC
Investment Type Net Lease

2615 W 24th Street, Plainview, TX 79072

Marketing description

This NNN-leased dental office investment generates $114,000 in annual net operating income, offering a first year 8% cap rate backed by an established dental operator in Plainview, Texas, with convenient access to I-27. The property is located in a strong service corridor near Plainview ISD, Covenant Hospital, a childcare center, and the Plainview baseball and football stadiums, supporting consistent daily traffic and long-term demand.

Surrounded by local retail, medical, and community-driven destinations, the property benefits from steady consumer activity and strong area fundamentals. Recent and planned facade improvements further enhance curb appeal and long-term value.

The dental practice has operated at this location for five years and currently operates three practice locations. The tenant has recently executed a new seven-year lease with two (5-year) renewal options, providing long-term stability. The company is financially stable with continued growth.

Investment highlights

  • Strategically located near I-27
  • Proximity to Medical, Schools and Recreational Anchors

Listing Contacts

DP
TX TX 257988
Keller Williams Realty
Listed by Keller Williams Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,000.00
$9,500.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

Map

Zoning

Intelligence Badge
MF ResidentialMulti FamilyMultifamily Residential
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 98 uses
View all 98 uses
Last updated Jan 6, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
David Powell
License
TX 257988
Brokerage
Keller Williams Realty-Lubbock
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591