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31869219
31869220

8111 PATEL DR, WOLFFORTH, TX 79382 For Sale

McDougal Realtors
Listed by McDougal Realtors
$5,600,000
85 days on market
Updated 82 days ago

Industrial 8% CAP!

Details
APN R347135
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 40,714
Net Rentable (SqFt) 40,714
Cap Rate 8.05%
NOI $450,703
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Price per SqFt $138
Class A
Year Built 2025
Buildings 1
Lot Size (SqFt) 102,168
Investment Type Stabilized
Ground Lease No
Loading Docks 4
Dock High Doors 4

About This Property for Sale

Marketing description

8111 Patel Dr presents a strong investment opportunity in the rapidly growing Wolfforth/Lubbock market. This 40,714 square foot office/warehouse facility is strategically located along Highway 62/82, offering excellent visibility and easy access to the greater Lubbock area.

The property is fully leased and generating stable income, offering an attractive 8% CAP rate for investors seeking immediate cash flow. Designed with both functionality and quality in mind, the building features approximately 2,100 square feet of Class A office space paired with a spacious, heated warehouse.

The warehouse is equipped with ESFR sprinkler systems, 30-foot clear heights, four dock-high doors, and two grade-level overhead doors—making it ideal for a wide range of industrial and distribution users.

With its prime location, modern construction, and in-place income, 8111 Patel Dr is a turnkey investment opportunity!

Investment highlights

8111 Patel Dr presents a strong investment opportunity in the rapidly growing Wolfforth/Lubbock market. This 40,714 square foot office/warehouse facility is strategically located along Highway 62/82, offering excellent visibility and easy access to the greater Lubbock area.

The property is fully leased and generating stable income, offering an attractive 8% CAP rate for investors seeking immediate cash flow. Designed with both functionality and quality in mind, the building features approximately 2,100 square feet of Class A office space paired with a spacious, heated warehouse.

The warehouse is equipped with ESFR sprinkler systems, 30-foot clear heights, four dock-high doors, and two grade-level overhead doors—making it ideal for a wide range of industrial and distribution users.

With its prime location, modern construction, and in-place income, 8111 Patel Dr is a turnkey investment opportunity!

Listing Contacts

McDougal Realtors
Listed by McDougal Realtors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$450,703.00
$37,558.58/mo

Valuation Metrics

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DSCR
8.05%
Cap Rate
8.05%
ROI

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