Office Condo For Sale

Office for Sale
Catylist Listing ID: 30339543
Property Subtypes: Office Building
Building Size (RSF): 7,755 SF
Sale Price: $975,000
Unit Price: $125.73 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/13/2019

Overview / Comments

Westar Commercial Realty, LLC which occupies Suite
12, would lease the space back from a purchaser for
a term of no longer than three (3) years at a rate of
$46,800.00 annually ($10.58/psf).

Southridge Office Condos front onto 74th Street and 71st
Street with Richmond Avenue running along the western
side of the complex. The condominiums complex consists
of four separate buildings each comprising approximately
11,286 square feet of office space. All buildings have wood
cedar fronts with brick veneer, brick columns and accented
entrances with blocked glass fronts. Suites 11 & 12 are in
the first building and fronts 71st Street with good exposure
from 71st Street.
Suite 12 currently consists of eleven offices, two ADA bathrooms,
two conference rooms, basement, and a copier/file
room. Suite 11 is arranged as a five office suite with kitchen
area training room/conference, two ADA bathrooms, two
storage rooms. File room/Server IT, and a large Bull Pen

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R103898

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,145 116,110 199,187
Median Age: 42.57 34.86 32.3
Households: 6,623 48,055 77,565


Photograph of Listing Agent

William Young

Westar Commercial Realty, LLC West Texas CIE Member
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