10405 Slide Rd, Lubbock, TX 79424 For Sale

Top-Ranked Location in the United States (Placer.ai)

According to Placer.ai, this location ranks in the 89th percentile nationwide, and the #7 location in Texas (out of 41 locations) for visits among the Grease Monkey system. This industry-leading performance underscores the strength of the trade area, customer loyalty, and operational prowess of this site.

Strong Demographics & Proximity to Texas Tech

Just minutes south of Texas Tech University, the site benefits from the city’s most significant demand driver, attracting steady traffic from the 42,000+ students and faculty, as well as from surrounding residential and retail neighborhoods. Lubbock boasts a population of 272,000+ people and is the 11th largest city in Texas. The average household income (AHHI) is $133,525 within a 1-mile radius of the subject property, which allows this location to benefit from an affluent immediate neighborhood.

Brand New 15-Year Absolute NNN Lease with Reputable Operator

The subject property features a brand new 15-year Absolute NNN lease to Threshold Automotive Service, LLC, a 9-unit Grease Monkey operator. The lease features a franchisee and personal guarantee from the tenant, ensuring investors certainty and stability of passive income through the term of the lease.

Prime Exposure on High-Traffic Corridor

The property has direct frontage on Slide Road, one of Lubbock’s busiest commercial arteries, with firm daily traffic counts of 19,200+ vehicles per day that provide consistent visibility and customer inflow. Slide Road is lined with various national retailers in immediate proximity, such as Starbucks, Sherwin-Williams, Walgreens, Taco Bell, and Sonic.

Texas Advantage - No State Income Tax

Located in one of the most tax-friendly states in the United States, investors benefit from Texas’s no state income tax environment, enhancing after-tax yields and overall return potential.