Office/Warehouse Strip Center For Sale

Office for Sale
Also listed as Industrial
Catylist Listing ID: 30627173
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 25,000 SF
Gross Building Area: See Agent
Gross Land Area: 72,570 SF
Sale Price: $1,415,000
Unit Price: $56.60 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Other
Cap Rate: 7.5%
Last Updated: 10/19/2021

Overview / Comments

This is an office/strip center containing 4 units, A,B-C, D
Located on corner of Ironton Avenue & 45th St.
Convenient access to Marsha Sharp Fwy & Loop 289
Fully Occupied
Please call agent to schedule an appointment to show

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $25,396 (Annual)

Current Tenants

Tenant Business Name RPS
Is Renting? Yes
SF of Space Occupied 7,500 SF
Tenant Business Name D-Bat
Is Renting? Yes
SF of Space Occupied 2,870 SF
Tenant Business Name Raider Graphix
SF of Space Occupied 5,000 SF

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R92838
Zoning: LIGHT M1 MANUFACTURING
Property Visibility: Good
Site Description: Located on the corner of Ironton Avenue & 45th St., Suite A on the East side of the building. Convenient access to Marsha Sharp Freeway & Loop 289
Number of Stories: 1
Year Built: 1989
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,857 86,303 193,337
Median Age: 28.92 33.71 32.63
Households: 4,523 35,794 76,332

Contact

Photograph of Listing Agent

Donna Currey Barnes, Cert. Paralegal

Westar Commercial Realty West Texas CIE Member
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