82nd & Milwaukee Strip Center FOR SALE

Retail-Commercial for Sale
Catylist Listing ID: 30311466
Property Subtypes: Street Retail
Building Size (RSF): 9,241 SF
Gross Building Area: See Agent
Gross Land Area: 40,489 SF
Sale Price: $950,000
Unit Price: $102.80 PSF
Property Use Type: Investment
Building Name: Sang Kim Plaza
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 77
Last Updated: 9/5/2019

Overview / Comments

Mixed use retail property in SW Lubbock on 82nd Street just W. of Milwaukee. 3 of 4 suites are occupied (77%) leaving a 2,120 sq.ft. office retail suite available. Nice opportunity for an owner/occupant to have some income as well.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R313109
Largest Nearby Street: Milwaukee Avenue and 82nd Street
Area Description: Located in SW Lubbock approximately a block off Milwaukee on 82nd Street.
Tenancy: Multiple Tenants
Year Built: 2008

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,099 56,226 144,026
Median Age: 33.88 34.98 34.12
Households: 3,835 23,344 57,220


Photograph of Listing Agent

Crystal Edwards

WestMark Commercial West Texas CIE Member
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