State Leased Building in Lubbock, TX 1202 Jarvis ~ Lubbock, TX Price: $1,100,000 - CAP: 10.07% (if leased at Market Rents) 20,000sf Leased by the State of Texas Animal Shelter Dept. Tremendous upside potential from re-tenating. 28,000sf now available for owner occupant or tenant. CLICK HERE TO VIEW PROPERTY WEBSITE
Leased by the Social Security Administration 121 S 12th Avenue ~ Durant, OK Price: $495,000 - CAP: 11.40% Located in the county seat of Bryan Co, this listing is approximately 90 miles N of Dallas, TX There is additional square footage available for storage or expansion. Government just extended lease for 2 years thru 2012. Upside from renewing at current market rents when lease renews in 2 years. Current lease rate is 10 yrs old & $3-$4/sf/yr below market. CLICK HERE TO VIEW PROPERTY WEBSITE
121 S 12th Avenue
State of Texas Leased Office Building 1210 South Chestnut ~ Lufkin, TX Price: $2,338,000 - CAP: 9.50% This property was a build tosuit lease in 2002. The original lease term of 10 years is through Sept 2012, plus five 5-yr options. CLICK HERE TO VIEW THIS PROPERTY'S WEBSITE
Leased by the Social Security Administration 2006 East FM 700 ~ Big Spring, TX Price: $650,000 - CAP: 9.50% 3+ years remaining on original 10-year lease. CLICK HERE TO VIEW THIS PROPERTY'S WEBSITE
1210 South Chestnut
2006 East FM 700
503 Priest Dr ~ Killeen, TX
Leased by the TX Dept of Family Protective Svcs 503 Priest Drive ~ Killeen, TX 76541 Price: $1,260,500 CAP: 9.00% Built in 2007 - 10,020 SF - 100% Occupancy - 8 years remaining on lease - includes extra building lot. CLICK HERE TO VIEW THIS LISTING'S WEBSITE
State of Texas Leased 1701 Avenue H ~ Levelland, TX 79336 Price: $620,000 CAP: 10% New 10-yr lease with the State commenced 03-01-2009 - State to expand into balance of building - Totally remodeled inside and out - 5 x 5-year options.
Levelland State Leased
823 Cline Street
Leased by the State of Texas 823 Cline Street ~ Huntsville, TX Price: $1,500,000 - CAP: 7.68% Currently leased by the Texas Dept of Criminal Justice. New 5-yr lease began March 2009. Single tenant occupancy since 2003. Serves as TDCJ statewide fleet communications depot. CLICK HERE TO VIEW THIS PROPERTY'S WEBISTE
7111 & 7113 Santa Fe Drive Lubbock, TX 79424 Price: $550,000 Two 6,000sf metal warehouses on 1.3 acre parcel of land. Must purchase 7111 & 7113 together. 7113 available for lease @ $1950/mo, owner/user space or to lease. 7111 leased thru Feb 2011 @ $1750/mo. CLICK HERE TO VIEW THIS PROPERTY'S WEBSITE
Office/Whse - Santa Fe Drive
Pizza Hut - 3311 82nd Street ~ Lubbock, TX Price: $899,000 ~ 9% CAP Rate NEWLY REMODELED TO INCLUDE WING STREET!! Excellent retail location. Absolute Net Lease - no landlord responsibilities. Strong store sales. 8 years remaining on current lease term, plus 4 x 5-year options with 10% rent bump each 5 years. CLICK HERE TO VIEW THIS LISTING'S WEBSITE
Retail Locations
6800 Rogers Avenue ~ Fort Smith, AR Price: $4,725,000 ~ CAP: 8.25% Prime location in high-traffic retail corridor. Major tenants include Hasings Entertainment, Law's Electronics, Law's Drug Co and Golf USA. CLICK HERE TO VIEW THIS LISTING'S WEBSITE
410 10th St ~ Abernathy, TX 79311 Price: $125,000 For Sale or Lease - does NOT include Sinklier Studios business. If leased, can be divided into 2 suites w/separate entrances. Beautiful restoration & upgrading of original dentist office. Ideal for attorney, accounting, medical or business offices. Large lot with room for expansion. Quiet, friendly, small town location located only 10 minutes from Lubbock. CLICK HERE TO VIEW THIS LISTING'S WEBSITE
