Heated/Cooled Manufacturing Warehouse

Industrial for Sale
Catylist Listing ID: 30382103
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 30,300 SF
Gross Building Area: See Agent
Gross Land Area: 1.80 Acres
Sale Price: $1,975,000
Unit Price: $65.18 PSF
Ceiling: 16 ft.
Docks/Doors: 8 Doors
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/14/2019

Overview / Comments

Quality construction industrial property with SE Loop 289 frontage. The property consist of 2 buildings. The original building was built in 1971 and has 8,300 SF with 2 offices, break room, 2 restrooms, open warehouse space and 2 drive-thru bays (one with a floor drain). The second building was built in 2016 and is 22,000 SF. There is an open reception area/showroom with an office and restroom as you enter into the building. An overhead door and walk-thru door take you into the open warehouse space with ample 200 amp 3 phase electrical, compressed air run throughout, two ten-ton HVAC units and 4 overhead doors. Both buildings are fence and fully enclosing with parking and stack yard areas. The property is NOT in a flood zone.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R106509
Zoning: M-1
Property Located Between: Located on the southeast Loop 289 frontage road and Globe Ave.
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 1971
Year Renovated: 2016

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 53,981 142,272
Median Age: 30.55 32.42
Households: 19,578 53,435

Contact

Photograph of Listing Agent

Karen Higgins, CCIM

WestMark Commercial West Texas CIE Member
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