Car Dealership - 57th & Frankford

Retail-Commercial for Sale
Catylist Listing ID: 30339050
Property Subtypes: Vehicle Related
Building Size (RSF): 14,689 SF
Gross Building Area: See Agent
Sale Price: $3,800,000
Unit Price: $258.70 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2018

Overview / Comments

Rare opportunity to buy auto sales building with large 2.7 acre lot. Building features a sales floor, private offices, a large auto recon shop and a fenced lot for storage of inventory and cars in repair process. This opportunity would provide an ideal situation for new/used car lot in an established area with other auto sales locations nearby. Property boasts both service and parts departments as well as a recon center. Facility does not have a paint booth.

Located in the Auto-sales area of southwest Lubbock, this property sits at 57th & Frankford with quick access to Spur 327 and Loop 289.

Additional Details

Nearest MSA: Lubbock
County: Lubbock

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,617 94,492 197,860
Median Age: 31.19 34.88 32.38
Households: 6,008 38,748 77,979

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