3521 50th - Investment Property
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30641448 |
| Property Subtypes: |
Street Retail
|
| Status: |
Pending |
| Building Size (RSF): |
7,776 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,065,000 |
| Unit Price: |
$136.96 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
8.81% |
| Last Updated: |
1/27/2022 |
Overview / Comments
Investment Opportunity - This multi-tenant office/retail center is available for sale with multiple tenants including Premier Martial Arts and Trapped. There is one vacancy of approx 1,000 sq ft currently being offered for lease at $14/sq ft NNN (NNN are $2.25/sq ft). This opportunity to invest in a well cared for building along a major thru road in Lubbock doesn't come available often in Lubbock.
Located just West of Indiana on 50th Street, the property boasts great frontage on 50th Street and quick access to all parts of the city via its central location.
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Tax ID/APN: |
R28515 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,921 |
148,330 |
217,118 |
| Median Age: |
34.89 |
32.76 |
31.92 |
| Households: |
7,273 |
57,892 |
84,227 |
|
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