4409-4411 Marsha Sharp Freeway

Industrial for Sale
Catylist Listing ID: 30518523
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Office Showroom
Building Size (RSF): 15,364 SF
Gross Building Area: See Agent
Sale Price: $650,000
Unit Price: $42.31 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2019

Overview / Comments

Redevelopment or remodel opportunity. Property features two buildings, a 10,000 sq ft brick facade building with a reception, break room, two restrooms, 2 large offices and a large open office / conference room. The warehouse area features a 5,000 sq ft section and two sections, each approx 2,500 sq ft. All sections of the warehouse are combined but investor could split into 1-3 separate units.

The second building has 3 sections, currently leased on a month-to-month basis. Likely best use would be to tear down this facility and use it for additional parking / storage.

Located just west of the Quaker & south side access road of Marsha Sharp Freeway. Property sits between Plains Capital Bank to the East and Hawthorne Suites and Grace Clinic to the West.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R58823

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,653 130,839 206,702
Median Age: 33.37 29.75 31.91
Households: 5,078 51,247 80,403
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