Office Building For Sale (Shell Construction)

Office for Sale
Catylist Listing ID: 30623010
Property Subtypes: Medical, Mixed Use, Office Building, Research & Development
Building Size (RSF): 3,845 SF
Gross Land Area: 0.46 SF
Sale Price: $550,000
Unit Price: $143.04 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 6514 70th Street
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2020

Overview / Comments

3,845 sq. ft. shell office building suitable for multiple uses and able to be finished out according to owner's own floorplan. High-end commercial steel construction in an area of similar office buildings.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R318667
Area Description: 6514 70th Street is located one block to the west of Milwaukee Avenue on 70th Street. Milwaukee Avenue is Lubbock's fastest growing commercial corridor and the newly constructed building is in a rapidly growing office, retail, and restaurant district. Located near Spur 327 for South Loop 289 access to all of central and south Lubbock and close to Marsha Sharp Freeway for quick cross-town access to Lubbock's CBD, Texas Tech University, and the medical district.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,845 SF
Year Built: 2016
Zoning Description: General Retail District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,906 65,105 161,206
Median Age: 36.73 34.6 33.5
Households: 1,619 27,576 63,416
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