WAREHOUSE WITH TRUCK DOCKS FOR LEASE

Industrial for Lease
Catylist Listing ID: 30415467
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Contiguous Space: 17,361 SF
Building Size (RSF): 17,361 SF
Gross Land Area: 32,776 SF
Lease Rate: $5,000 (Monthly)
$3.46 PSF (Annual)
Lease Types: Net Lease, NNN
Docks/Doors: 2 Docks, 3 Doors
Office SF: 1,050 SF
Drive In Bays: 3 Bays
Building Name: MLK Bldg
Usable Size (USF): 17,361 SF
Last Updated: 7/2/2020

Overview / Comments

A well located Warehouse building with approximately 1,000 SF of Office area, NEW LED Lighting throughout - 2 Bay Truck Dock - 3 Grade Level Drive In Doors. Fenced Storage yard on north side of building. 2 12x12 OHD and 1 18T X 12 W OHD
15 foot sidewalls in South Portion of Building and 26 foot in North Portion of Building

THIS IS A NET NET NET LEASE, TAXES, INSURANCE AND CAM ADDED TO
BASE LEASE NETS are $1157.00 per month for a Total Lease of $.39 per month or $4.26 per year.

Attachments & Media

Expand All Available Space

Suite: 4224 17,361 SF $5,000 (Monthly) Net Lease,NNN
Space Available: 17,361 SF
Lease Rate: $5,000 (Monthly)
$3.46 PSF (Annual)
Lease Type: Net Lease,NNN
Space Description: Distribution Warehouse, 2 Truck Docks, 3 Drive In OH Doors, 1,000 SF of Office,
LED Lighting on the Interior
16 ft clear in 7000 SF and 24 ft clear in 8000 SF - 16 clear in Dock area.
Space Subcategory: Warehouse/Distribution, Manufacturing
Date Available: 11/1/2019
Lease Term: 120 Months
Space Type: Relet
Conference Rooms: 1
Offices 3
Parking Spaces 10
Tax Expenses $50 PSF (Annual)
Operating Expenses $18 PSF (Annual)
CAM Expenses $0.12 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 2% EVERY 2 YEARS
Rent Concession NEGOTIABLE
Loading Docks 2
Loading Doors 3
Drive In Bays 3
Office Space 1,050 SF

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: LCAD
Tax ID/APN: R34908
Zoning: M-1 MANUFACTURING
Property Located Between: 34TH AND 50TH STREET AND AVE A AND MLK BLVD.
Highway Access: EASY ACCESS TO LOOP 289 AND INTERSTATE 27
Airports: Preston Smith International
Site Description: LOCATED IN THE INDUSTRIAL AREA OF LUBBOCK, TX GOOD 4 LANE PAVED ROAD IN FRONT OF BUILDING AND ON 44TH FRONTAGE
Area Description: INDUSTRIAL AREA OF LUBBOCK - M-1 ZONING MANUFACTURING/WAREHOUSE USE
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1973
Year Renovated: 2005
Roof Type: Gable
Construction/Siding: Metal Siding
Exterior Description: METAL BUILDING AND METAL ROOF
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface
Parking Description: STREET PARKING AND STORAGE YARD COULD BE USED AS WELL
Total Parking Spaces: 14
Column Spacing: CLEAR
Sprinklers: None
Amps: 400
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Ceiling Units, Other
Air Conditioning: Package Unit
Lighting: Other
Internet Access: T1/T3, Fiber Optic
Interior Description: CONCRETE FLOORS - OFFICE RECENTLY PAINTED AND NEW FIXTURES IN RESTROOMS = NEW LED LIGHTS THROUGHOUT BUILDING
Zoning Description: M-1 HEAVY MANUFACTURING IN THIS AREA OF THE CITY - WAREHOUSING , DISTRIBUTION, FABRICATION
Lot Frontage: 162 ON MLK
Lot Depth: 201 ON 44TH
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Legal Description: SOUTH 162.5 and the east 201.7 ft of LOT 1 BLOCK 13 NELSON BROWN ADDITION TO THE CITY OF LUBBOCK, LUBBOCK COUNTY TEXAS 79404

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,547 56,019 131,690
Median Age: 30.95 29.71 31.58
Households: 857 20,123 47,903

Contact

Photograph of Listing Agent

Jack M. Chapman SIOR CCIM

Westar Commercial Realty West Texas CIE Member
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