RETAIL, RESTAURANT, FLEX SP, LIVING QTRS

Retail-Commercial for Sale
Catylist Listing ID: 30395496
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Other
Building Size (RSF): 10,400 SF
Gross Land Area: 30,056 SF
Sale Price: $679,000
Unit Price: $65.29 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Usable Size (USF): 10,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/6/2019

Overview / Comments

*Most of the improvements were built in 2007 with the exception of the stand-alone restaurant. Quality construction throughout. Retail portion has the latest in LED lighting and camera system and an impressive refrigerated display area.
*Restaurant tenants have 4 years left on a 5 year lease. New grease trap.
*Highway Frontage in Wolfforth, TX on the south side at Hwy 62 and Flint Ave.
*Good visibility.
*Lots of good vacant flex space, could be used as residential or office.
Multi-Use property includes: Convenience Store (3,400 SF), Living Quarters )1,400 SF + Garage), Restaurant Space (leased)(2,535 SF), Storage Area with 2 OH Doors (756 SF) and Office Space (2,500 SF) - areas and dimensions are approximates.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R107465
Largest Nearby Street: Hwy 62 (Marsha Sharp Freeway
Feet of Frontage: 215
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 2007
Construction/Siding: Steel Frame

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,813 17,292 46,808
Median Age: 37.21 32.99 33.56
Households: 643 6,140 18,619

Contact

Photograph of Listing Agent

Rob Campbell, CCIM

Rob Campbell, CCIM West Texas CIE Member
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