JAC Enterprises

Industrial for Sale
Catylist Listing ID: 30346517
Property Subtypes: Free-Standing, Manufacturing, Warehouse/Distribution
Building Size (RSF): 17,361 SF
Gross Land Area: 32,776 SF
Sale Price: $549,000
Unit Price: $31.62 PSF
Docks/Doors: 2 Docks, 3 Doors
Office SF: 1,050 SF
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Building Name: MLK Building
Usable Size (USF): 17,361 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

A Single Tenant Industrial Building - Ceiling Heights range from 16 Ft sidewalls to 24 Ft sidewalls, The building has 3 OH Doors into the building and 2 Dock High Doors at the Truck well.
There is approximately 1050 SF of Office Space.
The over all condition of the building is Good, Constructed in 1973 with some renovations made in 2006
OWNER will remodel restrooms in Warehouse area and office with 5 Year lease or better. Additional remodeling is negotiable.
If interested in a purchase contact Owner/Broker.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: LCAD
Zoning: M-1
Property Located Between: 50th and 34th
Highway Access: MLK Blvd and 44th Street
Airports: Preston Smith International
Site Description: Small outside fenced stack yard on North side of Building located on the NW corner of MLK Blvd and 44th Street in Lubbock, TX
Area Description: Industrial area of City of Lubbock,
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1973
Year Renovated: 2006
Roof Type: Other
Construction/Siding: Metal Siding
Exterior Description: Metal Panels
Parking Type: Surface
Parking Description: Street side and North side of building
Column Spacing: clear span
Sprinklers: None
Amps: 440
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Fluorescent, High Pressure Sodium
Internet Access: DSL
Interior Description: Clear span in each building - Cross over Access in middle of building.
Zoning Description: M-1 Light Industrial Manufacturing Distribution
In Flood Plain?: Yes
Lot Frontage: 233
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Utility Easements along MLK

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,547 56,019 131,690
Median Age: 30.95 29.71 31.58
Households: 857 20,123 47,903

Contact

Photograph of Listing Agent

Jack M. Chapman

Berkshire Hathaway HomeServices Commercial Division
West Texas CIE Member
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