Condo Office for Sale or Lease

Office for Sale
Catylist Listing ID: 30481700
Property Subtypes: Business Park
Condo? Yes
Building Size (RSF): 2,257 SF
Gross Building Area: See Agent
Sale Price: $350,000
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/27/2020

Overview / Comments

Located in the South Ridge Business Park, just west of Quaker Avenue on 74th Street and two blocks south of Loop 289, this recently remodeled space includes 8 large offices, break room, 2 restrooms, and totals 2,257 SF. New vinyl flooring throughout. Offices could be divided into cubicles and/or suites. Other features include a charming lobby, kitchenette, tech station, exterior brick, wooden beams, and professional landscaping.

This office condominium includes Unit 66 and parts of Units 62 and 64. Monthly HOA/CAM fees are $407.01, which cover roof, parking lot and landscaping expenses.

Currently operating as an Alpha Sleep Lab, this property is a rare for-sale in within the business park. Owner now occupies property and cannot vacate until March 2020, but is willing to leaseback until February with a sale price of $350,000. Owner is also willing to lease at $15 PSF modified gross. Schedule your appointment today!

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R160487
Is Condo?: Yes
Property Visibility: Fair
Construction/Siding: Brick
Exterior Description: Brick, large wooden beams, professional landscaping.
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,145 114,372 197,528
Median Age: 42.57 34.99 32.35
Households: 6,623 47,184 76,956


Photograph of Listing Agent

Jay Leeson

West Texas CIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Lubbock Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.