Office/Warehouse Strip Center For Sale

Office for Sale
Catylist Listing ID: 30627173
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 24,301 SF
Gross Building Area: See Agent
Gross Land Area: 72,570 SF
Sale Price: $1,400,000
Unit Price: $57.61 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 2/25/2021

Overview / Comments

This is an office/strip center containing 3 units, A,B,C
Unit A is currently available for lease (See lease package)
Unit A could be separated into executive suites on the East side & single tenant on the West side
Unit A could be restored to its original condition of a 2,500 SF office with 5,000 SF of warehouse area by converting the back North end of the building to its
original condition
See agent about CAP rate
Located on corner of Ironton Avenue & 45th St.
Convenient access to Marsha Sharp Fwy & Loop 289

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R92838
Zoning: LIGHT M1 MANUFACTURING
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
Parking Type: Surface

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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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