614 CR 7200 (98th Street)

Industrial for Sale
Catylist Listing ID: 30334992
Property Subtypes: Flex Space, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 9,250 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $108.11 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/14/2019

Overview / Comments

Available for lease at just $8,500/month NNN (NNN charges expected to be approx $1.20/sq ft/year). This newly constructed warehouse features 9,250 sq ft on approx 4.4 acres that are fenced with majority of lot having a caliche base. The office area features a reception area, 4 private offices, a breakroom and 2 restrooms. The warehouse features a single warehouse office and clear-span warehouse. There is additional storage above the office area.

Property includes 5 grade-level overhead doors, each 14' x 12'. There is a 5-ton bridge crane that comes with the property. At the back of the building, there is a wash/bay which runs to separate underground tanks.

Property is outside city limits and is on well and septic.

Located on 98th Street, just east of Hwy 87 (South I-27). Property has quick access to all parts of the city and West Texas via Hwy 87/I-27.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R327067

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,001 44,575 125,585
Median Age: 29.05 33.98 33.96
Households: 463 17,290 49,214


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