Discount
Dollar General w/ Strong Demos | Lubbock, TX - Near Texas Tech University | Long Term Abs. Net Lease
216 Regis St, Lubbock, TX 79403
Listing Price: $1,590,586
Investment Overview
Lubbock is the 10th-most populous city in the U.S. state of Texas and the seat of government of Lubbock County. With a population of 263,930 in 2022, the city is also the 85th-most populous in the United States. The city is in the northwestern part of the state (the region is the Great Plains), a region known historically and geographically as the Llano Estacado, and ecologically is part of the southern end of the High Plains, lying at the economic center of the Lubbock metropolitan area, which had an estimated population of 328,283 in 2022. Lubbock’s nickname, “Hub City,” derives from it being the economic, educational, and health-care hub of the multicounty region, north of the Permian Basin and south of the Texas Panhandle, commonly called the South Plains. The area is the largest contiguous cotton-growing region in the world and is heavily dependent on water from the Ogallala Aquifer for irrigation. Lubbock is home to Texas Tech University, the sixth-largest college by enrollment in the state. The 10 largest employers in terms of the number of employees are Texas Tech University, Covenant Health System, Lubbock Independent School District, University Medical Center, United Supermarkets, City of Lubbock, Texas Tech University Health Sciences Center, AT&T, and Lubbock County.
Investment Highlights
- Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option.
- Positioned Along Area's Traffic & Industrial Corridor. Features Easy Access and Excellent Visibility Along Interstate-27 with Daily Traffic Counts Exceeding 22k Vehicles.
- Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
- This Area Boasts more than a Dozen nearby Distribution Centers, such as O'Reilly Auto Parts, WesTX Packaging, Standard Sales, Monsanto's Cotton Research Megasite, Verizon Wireless, and the Texas Department of Public Safety Regional Headquarters.
- Within Walking Distance from Lubbock Business Park - $292M+ has been Invested, attracting Numerous Distribution Centers, Logistics Centers, Manufacturing Facilities, High-Tech Businesses, and Research and Development Companies.
- Across from Lubbock Preston Smith International Airport - Home to a Number of General Aviation Service Providers, Freight Airline Operations, Industrial Parks, and Several Commercial Passenger Airlines. It is the Eighth-Busiest Airport In Texas.
- The Site Benefits from its Close Proximity to Downtown Lubbock - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
- Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System. The University Currently Enrolls 40,525+ Students, making it the Sixth-Largest University in Texas. Well Above Average Demographics for a Dollar General: Features more than 47k People Residing within a 5-Mile Radius.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
Discount
Dollar General w/ Strong Demos | Lubbock, TX - Near Texas Tech University | Long Term Abs. Net Lease
Listing Price: $1,590,586
Investment Highlights
- Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option.
- Positioned Along Area's Traffic & Industrial Corridor. Features Easy Access and Excellent Visibility Along Interstate-27 with Daily Traffic Counts Exceeding 22k Vehicles.
- Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
- This Area Boasts more than a Dozen nearby Distribution Centers, such as O'Reilly Auto Parts, WesTX Packaging, Standard Sales, Monsanto's Cotton Research Megasite, Verizon Wireless, and the Texas Department of Public Safety Regional Headquarters.
- Within Walking Distance from Lubbock Business Park - $292M+ has been Invested, attracting Numerous Distribution Centers, Logistics Centers, Manufacturing Facilities, High-Tech Businesses, and Research and Development Companies.
- Across from Lubbock Preston Smith International Airport - Home to a Number of General Aviation Service Providers, Freight Airline Operations, Industrial Parks, and Several Commercial Passenger Airlines. It is the Eighth-Busiest Airport In Texas.
- The Site Benefits from its Close Proximity to Downtown Lubbock - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
- Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System. The University Currently Enrolls 40,525+ Students, making it the Sixth-Largest University in Texas. Well Above Average Demographics for a Dollar General: Features more than 47k People Residing within a 5-Mile Radius.
Investment Overview
Lubbock is the 10th-most populous city in the U.S. state of Texas and the seat of government of Lubbock County. With a population of 263,930 in 2022, the city is also the 85th-most populous in the United States. The city is in the northwestern part of the state (the region is the Great Plains), a region known historically and geographically as the Llano Estacado, and ecologically is part of the southern end of the High Plains, lying at the economic center of the Lubbock metropolitan area, which had an estimated population of 328,283 in 2022. Lubbock’s nickname, “Hub City,” derives from it being the economic, educational, and health-care hub of the multicounty region, north of the Permian Basin and south of the Texas Panhandle, commonly called the South Plains. The area is the largest contiguous cotton-growing region in the world and is heavily dependent on water from the Ogallala Aquifer for irrigation. Lubbock is home to Texas Tech University, the sixth-largest college by enrollment in the state. The 10 largest employers in terms of the number of employees are Texas Tech University, Covenant Health System, Lubbock Independent School District, University Medical Center, United Supermarkets, City of Lubbock, Texas Tech University Health Sciences Center, AT&T, and Lubbock County.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By

