5712 - 5726 40th Street

Industrial for Sale
Catylist Listing ID: 30782913
Property Subtypes: Flex Space
Building Size (RSF): 14,140 SF
Gross Land Area: 0.87 Acres
Sale Price: $800,000
Unit Price: $56.58 PSF
Office SF: 8,880 SF
Property Use Type: Investment
Usable Size (USF): 14,140 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/26/2022

Overview / Comments

Multi-Tenant office/warehouse investment property conveniently located near West Loop 289 and Highway 62/82. The property is currently 100% occupied. Approximately 8,880 SF of the total space is office, with the remaining 5,260 SF being warehouse. This is an excellent opportunity to purchase an investment property with upside in a good location.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R56870
Zoning: C-4
Property Located Between: Located just East of Frankford Avenue fronting the North side of 40th Street.
Property Condition: Good
Year Built: 1983

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,681 92,807 198,327
Median Age: 28.81 33.36 32.26
Households: 5,736 38,459 78,407

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