Community Plaza Office Building

Office for Sale
Catylist Listing ID: 30725642
Property Subtypes: Office Building
Building Size (RSF): 15,600 SF
Gross Land Area: 71,542 SF
Sale Price: $675,000
Unit Price: $43.27 PSF
Ceiling: 8 ft.
Property Use Type: Investment
Class of Space: Class C
Usable Size (USF): 15,600 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 80
Last Updated: 7/6/2021

Overview / Comments

15 self contained office spaces. All with private entrances, restrooms, and HVAC systems. Quiet neighborhood in central Lubbock. Easy access just a block East of University. Property includes a cell tower land lease on the Northwest corner of the property

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R86292
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1980
Year Renovated: 1998
Roof Type: Gable
Construction/Siding: Stucco
Exterior Description: Stucco facade over cement block construction
Parking Type: Surface
Parking Description: 54 spaces with 2 HC
Total Parking Spaces: 56
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Fiber Optic
Zoning Description: AM Apartment Medical
Lot Frontage: 224
Lot Depth: 332
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 2, Agee Pharr Addition

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,498 119,184 208,747
Median Age: 32.92 32.44 31.95
Households: 8,230 45,090 80,653

Contact

Photograph of Listing Agent

David Fleming

Fleming Investment Properties
West Texas CIE Member
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