Recent Price Reduction!! Office For Sale

Office for Sale
Catylist Listing ID: 30233595
Property Subtypes: Governmental, Institutional, Office Building, Research & Development
Building Size (RSF): 5,257 SF
Gross Land Area: 1.13 Acres
Sale Price: $225,000
Unit Price: $42.80 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Alliance Credit Union - Reese
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2019

Overview / Comments

NEW LOWER PRICE!!! Property is offered for sale at $225,000. ($42.80 PSF). The property was a former credit union with an attached drive-thru. An ATM pad with drive-thru lane is also located on the west side of the property. The property features several large offices with windows, ample storage, a kitchen, and conference room. Ample Parking with 1.13 acres. A well-maintained property which has mature landscaping with several oak trees and shrubs. The property is located directly across the street from The Reese Technology Center at the corner or 4th Street and Research Blvd., Lubbock, Texas. The property is located inside the city limits. Call Leigh Anne Wikle, CCIM for a showing.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: Lubbock County Appraisal District
Tax ID/APN: R121889
Zoning: C2
Property Located Between: 4th Street and Research Blvd.
Property Visibility: Good
Airports: Lubbock Preston Smith International Airport
Site Description: Property is on 1.31 acres consisting of an office building with drive thru and pad site of an ATM.
Area Description: Property is located across Research Blvd. from the former Reese Air Force Base.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1978
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick construction with mature landscaping and several oak trees.
Parking Ratio: 8.8 (per 1000 SF)
Parking Type: Surface
Parking Description: Ample parking with lots to the north and south of the building.
Total Parking Spaces: 40
Heat Type: Electricity, Natural Gas, Hot Water
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Property was previously set up as a credit union with several offices, reception area, work area, kitchen, restrooms and a vault.
Zoning Description: C2
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BLK D6 SEC 3 AB 254 TR B1 & B2 AC: 1.13

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,311 3,376 30,030
Median Age: 34.67 33.19 30.45
Households: 446 1,208 12,135


Photograph of Listing Agent

Leigh Anne Wikle Dunlap, CCIM

Keller Williams Commercial Lubbock West Texas CIE Member
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