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Investment Highlights

  • ESFR Sprinklers
  • Highway Access
  • Loading Docks

Executive Summary

8111 Patel Dr presents a strong investment opportunity in the rapidly growing Wolfforth/Lubbock market. This 40,714 square foot office/warehouse facility is strategically located along Highway 62/82, offering excellent visibility and easy access to the greater Lubbock area.
The property is fully leased and generating stable income, offering an attractive 8% CAP rate for investors seeking immediate cash flow. Designed with both functionality and quality in mind, the building features approximately 2,100 square feet of Class A office space paired with a spacious, heated warehouse.
The warehouse is equipped with ESFR sprinkler systems, 30-foot clear heights, four dock-high doors, and two grade-level overhead doors—making it ideal for a wide range of industrial and distribution users.
With its prime location, modern construction, and in-place income, 8111 Patel Dr is a turnkey investment opportunity!

Property Facts

Price $7,689,360 CAD
Price Per SF $188.86 CAD
Sale Type Investment NNN
Cap Rate 8.05%
Property Type Industrial
Property Subtype
Distribution
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class A
Lot Size 2.35 AC
Rentable Building Area 40,714 SF
No. Stories 1
Year Built 2025
Tenancy Single
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2

Amenities

  • 24 Hour Access
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R347135
  • R309441
Land Assessment
$1,181,439 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,181,439 CAD
  • Listing ID: 40175715

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 8111 Patel Dr, Wolfforth, TX 79382

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