Professional Medical Office Building

Office for Sale
Catylist Listing ID: 30218120
Property Subtypes: Business Park, Medical, Office Building
Building Size (RSF): 15,328 SF
Sale Price: See Agent
Property Use Type: Investment, Business
Class of Space: Class A
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/30/2018

Overview / Comments

Unique opportunity! Class A medical facility with many beneficial attributes, centrally located in the heart of Lubbock's Medical District. 15,328 total SF with 6,980 SF currently leased and generating $235,000 annual income. Vacant 8,348 SF including 1,500 SF basement. Property underwent a renovation and large expansion in 2001. Owner could use partial or all of the building.
Located just two blocks west of Covenant Hospital and two blocks north of Covenant Children's Hospital and approximately one mile from UMC Hospital.

Two Radiation Vault Rooms
Lined Protection Rooms for X-Rays and CT Scans
Pharmacy Room with Chemical Hoods
Strong Building Structure to Facilitate Reconstruction of Floor Plan
Building Divided in 2 spaces
Brand New Roof 5/2018

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Site Description: Unique opportunity! Class A medical facility with many beneficial attributes, centrally located in the heart of Lubbock's Medical District. 15,328 total SF with 6,980 SF currently leased and generating $235,000 annual income. Vacant 8,348 SF including 1,500 SF basement. Property underwent a renovation and large expansion in 2001. Owner could use partial or all of the building. Located just two blocks west of Covenant Hospital and two blocks north of Covenant Children's Hospital and approximately one mile from UMC Hospital. Two Radiation Vault Rooms Lined Protection Rooms for X-Rays and CT Scans Pharmacy Room with Chemical Hoods Strong Building Structure to Facilitate Reconstruction of Floor Plan Building Divided in 2 spaces
Total Number of Buildings: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,924 129,954 207,698
Median Age: 32.47 29.71 31.91
Households: 4,365 50,500 80,718

Contact

Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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