Map of Property

Single-Tenant Investment with Corporate Guarantee – Freeway Insurance, Lubbock, TX

For Sale

2406 34th St, Lubbock, TX 79411

This Lubbock property for sale is located at 2406 34th St. The current listed sale price for Single-Tenant Investment with Corporate Guarantee – Freeway Insurance, Lubbock, TX is $577,000. Single-Tenant Investment with Corporate Guarantee – Freeway Insurance, Lubbock, TX is situated on a lot that is 0.61 square feet in size.

Contacts

broker
Geoff Ficke
broker
Zachary Ficke
broker
William Paredes

Property Details

  • Property Type Retail
  • Lot Size 0.61 SF
  • Parking Spaces Avail. 30
  • Year Built 1983
  • Date Updated Jul 25, 2025

Discover a rare opportunity to acquire a stable, income-generating property located at 2406 34th Street in the heart of Lubbock, Texas.

This 1,513 SF single-tenant retail building sits on a ±0.61-acre lot and is 100% leased to Freeway Insurance, a subsidiary of Confie Administrative Services and one of the largest personal insurance distributors in the U.S. Backed by a 1,000+ unit corporate guarantee, the tenant has recently signed a new 5-year lease extension (commencing October 2025) with 2% annual rent escalations and minimal landlord responsibilities under a NN+ lease. Priced attractively at $577,000 with a 6.50% cap rate, this property offers exceptional visibility along a major thoroughfare with 14,200 VPD and is surrounded by strong local amenities including Texas Tech University and the Lubbock Medical District. Ideal for investors seeking passive income and long-term value in a tax-friendly state.

100% Occupied

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Getting around

  • 72/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lubbock, TX
  • Neighborhood Heart of Lubbock
  • Zip Code 79411
  • Market Lubbock

Points of Interest

  • Alon

    0.16 miles

  • Phillips 66

    0.71 miles

  • Valero

    0.75 miles

  • Conoco

    0.99 miles

  • Murphy Express

    1.11 miles

  • SPEC ChargePoint Station

    2.93 miles

  • Tesla Supercharger

    6.15 miles

  • Residence Hall Parking - Lot Z3

    1.18 miles

  • Goin' Band Practice Area

    1.21 miles

  • Flint Ave Garage

    1.32 miles

  • Lot R07

    1.36 miles

  • Lot R09

    1.46 miles

  • Lot R01

    1.51 miles

  • Lot R08

    1.51 miles

  • American State Bank Parking

    1.54 miles

  • Lot Z5

    1.59 miles

  • Hub City Wings

    0.59 miles

  • Sonic

    0.60 miles

  • The Brand On 34th

    0.63 miles

  • Capital Pizza

    0.64 miles

  • Burrito Tower

    0.65 miles

  • Uncle Chien's Chinese and Thai Restaurant

    0.67 miles

  • Tom & Bingo BBQ

    0.68 miles

  • Subway

    0.71 miles

  • Josie's

    0.71 miles

  • India Palace Restaurant

    0.72 miles

  • Jirani International Enterprise African Market

    0.50 miles

  • Mirch Masala Groceries & Kitchen

    0.55 miles

  • Food King

    0.67 miles

  • Ross

    1.26 miles

  • United Supermarkets

    1.31 miles

  • Market Street

    1.62 miles

  • Walmart Supercenter

    1.94 miles

  • Oriental Market

    2.27 miles

  • Amigos

    2.44 miles

  • Target

    2.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Single-Tenant Investment with Corporate Guarantee – Freeway Insurance, Lubbock, TX
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