4225 Loop 289Lubbock, TX 79423

This exceptional investment opportunity presents a fee-simple ownership of a 3,124 square foot TitleMax storefront in Lubbock, Texas. Located at 4225 S Loop 289, this property boasts a 15-year absolute NNN lease with a 10% rent increase every five years and a remaining term of 9.7 years, expiring June 30, 2034. The lease commenced May 30, 2019, and includes one 5-year option. The property features a corporate guarantee from TitleMax (TMX Finance, LLC), minimizing landlord responsibilities. Situated on a 0.55-acre lot, the single-story building was constructed in 1993 and renovated in 2019. The property enjoys a prime location, benefiting from high traffic due to its proximity to a Walmart and direct access to TX Loop 289. Surrounding national retailers include TJ Maxx, Whataburger, and many others. The property's strong demographics, with a high average household income within a 3-mile radius, further enhance its investment appeal. The asking price is $1,360,000, representing a 6.00% cap rate and a price per square foot of $435.34. The current Net Operating Income (NOI) is $81,600. This is a tax-free state investment opportunity with excellent long-term potential.