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Loomis Armored Transport | Lubbock TX 515 N I-27 29,840 SF Industrial Building Lubbock, TX 79403 $4,911,787 CAD ($164.60 CAD/SF) 6.35% Cap Rate

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Investment Highlights

  • ABSOLUTE NNN LEASE: Ideal passive investment opportunity, backed by a true triple-net lease with zero financial landlord responsibilities
  • TERM & RENT INCREASES: Over 7 years remaining on the base term, with a 10% increase in 2028
  • STRATEGIC LUBBOCK INDUSTRIAL LOCATION: With efficient access to regional highways and rail, Lubbock serves as a key distribution and manufacturing hub
  • INVESTMENT-GRADE TENANT: Loomis is a nationally recognized cash-management and secure-logistics operator with investment-grade credit (S&P BBB)
  • TEXAS TAX BENEFITS: Texas has no personal or corporate income tax which enhances overall investor yield and long-term return potential
  • RESILIENT MARKET FUNDAMENTALS: Lubbock benefits from a stable labor base and a diversified economy anchored by Texas Tech University

Executive Summary

This offering presents an ideal passive investment backed by an absolute triple net lease with zero financial responsibilities for the landlord. The tenant, Loomis, is a nationally recognized cash management and secure logistics company with an investment grade credit profile (S&P rated BBB) and a long track record of stable operating performance. The lease has more than seven years remaining on the base term and includes a scheduled ten percent rent increase in 2028, providing built in income growth. The property is strategically located in Lubbock, a key industrial and distribution hub serving West Texas, Eastern New Mexico, and the broader Southwest, with efficient access to regional highways and rail infrastructure. Lubbock’s resilient market fundamentals are supported by a stable labor base and a diversified economy anchored by Texas Tech University, healthcare, agriculture, and manufacturing, driving consistent industrial demand. Additionally, Texas’s lack of personal and corporate income tax enhances overall investor yield and long term return potential.

Property Facts

Price $4,911,787 CAD
Price Per SF $164.60 CAD
Sale Type Investment NNN
Cap Rate 6.35%
Sale Conditions
1031 Exchange
  • Build to Suit
Property Type Industrial
Property Subtype
Service
  • General Retail Service Station
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 3.57 AC
Rentable Building Area 29,840 SF
No. Stories 1
Year Built/Renovated 1972/2018
Tenancy Single
Parking Ratio 0.54/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 7
Opportunity Zone Yes
Zoning HC - Heavy Commercial

Amenities

  • Fenced Lot

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

As the largest integrated cash distribution network in the United States—with nearly 200 locations, 9,000+ employees, and 3,000+ vehicles—they are proud to provide cash-handling products and services to financial institutions and commercial/retail businesses nationwide. With American roots established during the Gold Rush, they continue to provide reliable transport, just as their founding fathers did for the pioneers. A merger in 2001 provided the opportunity to expand operations into Europe, and today their network includes 400+ locations operating in 23 countries. Explore the link below to learn how Loomis has shaped the cash management industry.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Finance and Insurance 99,999 SF - Lorem Ipsum Jan 0000

Property Taxes

Property Taxes

Parcel Number
R71785
Land Assessment
$84,900 CAD
Improvements Assessment
$4,042,499 CAD
Total Assessment
$4,127,399 CAD
  • Listing ID: 39324812

  • Date on Market: 2026-02-04

  • Last Updated:

  • Address: 515 N I-27, Lubbock, TX 79403

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