Property Description
2021 Construction – Newer-prototype store with ~9.4 years remaining on the original 15-year lease, which runs through March 31, 2036
No State Income Tax – Texas ownership is a strong draw for out-of-state and 1031 buyers
Strong Corporate Guarantor – Dollar General’s Q2 2026 net sales rose 5.2% to $11.3 billion, same-store sales grew 3.5% on higher customer traffic, and operating profit was up 29.2%. The company raised its full-year 2026 guidance and is opening about 450 new U.S. stores this year.
I-27 Interchange Location – Frontage on I-27 at Regis Street, next to Love’s Travel Stop and minutes from Lubbock Preston Smith International Airport
Next to Lubbock Business Park – A 586-acre employment center that includes O’Reilly Auto Parts’ distribution center, with a new $14 million distribution facility announced in 2026
Record University Growth – Texas Tech reached a record 46,296 students in fall 2026, with first-time freshmen up nearly 40% since 2024
Growing Metro – The Lubbock MSA has grown to an estimated 368,000+ residents, and Lubbock County is up 5.9% since 2020
Affluent 3-Mile Trade Area – Population growth of 1.51% a year since 2020 and an average household income of $93,394
Strong Job Creation – Companies supported by the Lubbock Economic Development Alliance have committed to 14,433 jobs and $3.3 billion in capital investment
Regional Retail Hub – Lubbock County retail sales exceed $7.8 billion, or $24,776 per capita, drawing shoppers from across West Texas and eastern New Mexico
Airport Traffic Above Pre-Pandemic Levels – About 578,000 enplanements in 2025, 106.8% of the 2019 level
North Lubbock in the Path of Growth – 2,858 county building permits in 2025, new Lennar Homes construction near Loop 289, and the planned Regis Park mixed-use development nearby
Offering Memorandum
Property Details
Property Type
Retail
Size
9,026
Net-Lease
NNN
Acres
1.24
Property Location
216 Regis St, Lubbock, TX 79403, USA
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