7602 University Avenue

Office for Sale
Catylist Listing ID: 30284727
Property Subtypes: Office Building
Building Size (RSF): 9,314 SF
Sale Price: $985,000
Unit Price: $105.75 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

Multi-tenant office building with 2,205 sq. ft. of space available for an owner to occupy while offsetting ownership costs through rents generated by tenants in the building and allowing for future expansion space for their own needs. The two-story office building was constructed in 1998 and features ten office suites of varying sizes, an elevator, common break area on the second floor available to all of the tenants in the building, and common area restrooms on each floor of the building.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Property Located Between: South Loop 289 and 82nd Street
Property Visibility: Excellent
Site Description: On the east side of University Avenue, between South Loop 289 and 82nd Street in an area of other multi-tenant office buildings, restaurants, and retail trade.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1988

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,380 95,121 186,476
Median Age: 33.77 34.25 32.46
Households: 6,263 37,837 72,526
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