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Shopping mall near Lubbock

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Shopping mall near Lubbock

3,700,000 $
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Total area: 2,087 m² Yield: 6.5%
  • Absolute return: 216,465 €
  • Land area: 9,996 m²
  • 1-floor building
  • Percentage of the rented area: 100%

It is a huge shopping mall for sale in one of the towns near Lubbock, Texas. Description

The total area of a single-storey building is 2,087 m².

The plot of 9,996 m².

The mall was constructed in 2008 and now is in excellent condition.

The property is fully leased out to six tenants.

Financial performance

Absolute income is 241,053 $.

The current yield of 6,5%.

Tenants

The tenants are various stores.

Five of the six lease agreements are NNN ones, all operating costs are borne by tenants, one contract is NN one, part of the costs falls on the owner.

WAULT: 15 years.

Location and nearby objects

supermarket-iconCreated with Sketch.
Supermarkets
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Schools
cafe-iconCreated with Sketch.
Cafe and restaurants
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Hospitals
airport-iconCreated with Sketch.
Airports
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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Texas
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