5702 Genoa Ave

Office for Sale
Sale Pending
Also listed as Industrial
Catylist Listing ID: 30601572
Property Subtypes: Mixed Use, Flex Space, Office Building
Status: Pending
Building Size (RSF): 11,197 SF
Gross Building Area: See Agent
Sale Price: $1,150,000
Unit Price: $102.71 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

Ballet Lubbock will move to the new Buddy Holly Performing Arts Center in early 2021 and will be vacating their Southwest Lubbock location. The property is expected to be available in January 2021. Seller will consider selling and leasing back thru December 31, 2020.

This unique property features a professional office area with a reception, 5 offices and a conference room. There are 4 large practice rooms that could be remolded to all for more office space or even used for storage. They could also be used for larger conference rooms or open workspace areas.

The parking lot boasts 38 parking spaces with 2 ADA spaces allowing for ample parking.

Located near 57th & Genoa, just a couple blocks north of the Spur 327, just west of Frankford Ave. Quick access to all parts of the city via Spur 327, Frankford or Loop 289.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R156094
Year Built: 2003

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,617 93,055 193,582
Median Age: 31.19 35.13 32.47
Households: 6,008 38,748 76,389


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