JAC Enterprises

Industrial for Lease
Catylist Listing ID: 30312257
Property Subtypes: Free-Standing, Manufacturing, Warehouse/Distribution
Contiguous Space: 17,361 SF
Building Size (RSF): 17,361 SF
Gross Land Area: 32,776 SF
Lease Rate: $3.80 PSF (Annual)
Base Monthly Rent: $5,497
Lease Types: Modified Gross
Docks/Doors: 2 Docks, 3 Doors
Office SF: 1,050 SF
Drive In Bays: 3 Bays
Building Name: MLK Building
Usable Size (USF): 17,361 SF
Last Updated: 11/7/2018

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.

Expand All Available Space

Suite: 4224 MLK Blvd 17,361 SF $3.80 PSF (Annual) Modified Gross
Space Available: 17,361 SF
Lease Rate: $3.80 PSF (Annual)
$5,497 (Monthly)
Lease Type: Modified Gross
Space Description: A 17,361 SF Industrial Building, DO NOT DISTURB CURRENT TENANT - Property will be Available in December 2018. Landlord is a licensed Texas REAL ESTATE BROKER. Will remodel to suit for Tenant. Updates are already planned upon availability - 2 DOCK Doors, 3 Drive in Doors (2-12 T and 1-18 T) small fenced storage yard, approximately 1,000 SF of office. Heavy Electrical Service.
Date Available: 12/31/2018
Space Type: Relet
Offices 3
Tax Expenses $7,019 PSF (Annual)
Operating Expenses $4,800 PSF (Annual)
CAM Expenses $1,500 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 3% every 2 years
Rent Concession TO BE negotiated
Loading Docks 2
Loading Doors 3
Drive In Bays 3
Office Space 1,050 SF

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
Sprinklers: None
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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