North Globe Industrial Property

Industrial for Sale
Catylist Listing ID: 30526209
Property Subtypes: Warehouse/Distribution, Other
Building Size (RSF): 22,400 SF
Gross Building Area: See Agent
Sale Price: $780,000
Unit Price: $34.82 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 1/12/2021

Overview / Comments

Large warehouse with office space and a fenced stackyard.

NOI: $62,400
8% Cap Rate
Offices: 3
Kitchen/Breakroom: Yes
Overhead Doors: 3

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R41463
Zoning: M-1
Highway Access: I-27 and N Loop 289
Site Description: Industrial area with easy access from I-27 and N Loop 289.
Tenancy: Single Tenant
Year Built: 1956
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 907 37,382 106,145
Median Age: 30.28 28.07 30.27
Households: 340 11,890 38,319


Photograph of Listing Agent

Karen Higgins, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
Photograph of Listing Agent

Alison Blalock, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
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