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3906 MLK Jr. Boulevard
Lubbock, TX 79404
Industrial Property For Sale
EXECUTIVE SUMMARY
This fully leased industrial property offers a turnkey investment opportunity in the heart of Lubbock’s trucking and logistics corridor. Situated on approximately 3.2 acres along Martin Luther King Jr. Blvd, the site features long-term tenants and functional infrastructure designed for transportation and storage operations.
The property includes a ~6,000 sq ft office-warehouse with approximately 1,000 sq ft of finished office space and 5,000 sq ft of shop space. The warehouse is equipped with four 14’ x 14’ grade-level overhead doors, a service pit, and a 16 ft clear height—ideal for fleet access and maintenance.
In addition, a 4,100 sq ft quonset barn provides covered storage and utility space, enhancing the property’s appeal to logistics-based users.
With a fully fenced, caliche yard and a strong industrial location near major highways, this income-producing asset presents a rare opportunity for investors seeking stability and functionality in Lubbock’s growing industrial market. The property is leased through November 2027 under terms that require minimal landlord responsibilities, offering dependable cash flow with low management demands. For future flexibility, the property also presents excellent equity growth potential for an owner-user down the road.
The property includes a ~6,000 sq ft office-warehouse with approximately 1,000 sq ft of finished office space and 5,000 sq ft of shop space. The warehouse is equipped with four 14’ x 14’ grade-level overhead doors, a service pit, and a 16 ft clear height—ideal for fleet access and maintenance.
In addition, a 4,100 sq ft quonset barn provides covered storage and utility space, enhancing the property’s appeal to logistics-based users.
With a fully fenced, caliche yard and a strong industrial location near major highways, this income-producing asset presents a rare opportunity for investors seeking stability and functionality in Lubbock’s growing industrial market. The property is leased through November 2027 under terms that require minimal landlord responsibilities, offering dependable cash flow with low management demands. For future flexibility, the property also presents excellent equity growth potential for an owner-user down the road.
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 54,650 SF |
| Cap Rate | 7.31% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1967 |
| Property Subtype | Truck Terminal | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 3.20 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | LI - LI- Light Industrial | ||
| Sale Type | Investment |
| Cap Rate | 7.31% |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 3.20 AC |
| Rentable Building Area | 54,650 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | LI - LI- Light Industrial |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $376,883 CAD | |
| Land Assessment | $66,488 CAD | Total Assessment | $443,371 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$66,488 CAD
Improvements Assessment
$376,883 CAD
Total Assessment
$443,371 CAD
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