NorthStar Professional Center

Office for Sale
Catylist Listing ID: 30757724
Property Subtypes: Medical, Office Building
Building Size (RSF): 50,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.50 Acres
Sale Price: $9,250,000
Unit Price: $185 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/22/2021

Overview / Comments

Priced at 1/3rd of replacement cost.
Medical Office Space remained open even though COVID. Resilient use.
Attached to North Star Outpatient Surgical Center.
16,000 additional square feet will be available on January 1st, 2022.
Opportunity for owner occupant or investment property.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R166261
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 25,000 SF
Year Built: 2003
Year Renovated: 2016
Parking Type: Surface
Total Parking Spaces: 185
Zoning Description: any type of office or medical use

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,639 71,429 151,680
Median Age: 24.1 27.83 29.98
Households: 4,495 26,836 58,293

Contact

Photograph of Listing Agent

Randy Egenbacher

Egenbacher Real Estate
West Texas CIE Member
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