Matthews Logo

Navigation Menu

700 W Ave, Levelland, TX, 79336

Stripes

$360,000

Key Information

Cap Rate
6%
$ per SF
$40
Tot. SF
9,002
Year Built
1984
Term Remaining
± 3 Years
Type
Retail
NOI
$21,600

Highlights

• Extremely cheap bite sized deal
• ABS NNN C-store with Zero landlord responsibilities
• +30 Year operating history at this location (tenant first opened in 1984)
• The property qualifies for bonus depreciation (consult with a tax professional for details)
• Texas is an income tax free state
• Corporately guaranteed lease from 7-Eleven
• Average household income of $83,673 annually
• Levelland is located just 30-minutes West of Lubbock, TX
• Nearby national tenants include Napa Auto Parts, Walmart Supercenter, McDonald’s, Starbucks, Whataburger, KFC, Tractor Supply, and many more

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204