7905 Milwaukee AveLubbock, TX 79424

This exceptional investment opportunity presents a 6,500-square-foot Class A medical office building in Lubbock, Texas. Located on a 1.16-acre lot, the property boasts 44 parking spaces and is currently 100% occupied by a credit-rated tenant under a triple-net (NNN) lease expiring January 30, 2030. The tenant, the largest healthcare institution in West Texas and eastern New Mexico, operates the facility as a Hospital Outpatient Department (HOPD), ensuring high reimbursement rates. Built in 2014, this single-story building offers a strong net operating income (NOI) of $494,835, resulting in a 6.83% cap rate. The asking price is $7,250,000, representing a compelling return on investment. The lease includes rent bumps, providing future income growth. This fee-simple ownership opportunity offers a stable, long-term investment in a high-growth area of Lubbock, a major medical hub in West Texas. The property's strategic location within a high-income demographic area further enhances its investment appeal. The remaining lease term is approximately 5.2 years.