Tuscan Tower Office Building

Office for Sale
Catylist Listing ID: 30532429
Property Subtypes: Office Building
Building Size (RSF): 56,151 SF
Gross Building Area: 66,181 SF
Gross Land Area: 3.25 Acres
Sale Price: $4,200,000
Unit Price: $74.80 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Tuscan Tower
Class of Space: Class B
Usable Size (USF): 56,151 SF
Core Factor: 15.15%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 70
Last Updated: 9/30/2021

Overview / Comments

2nd floor are vacant and ready for an owner occupant to move in.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: LCAD
Tax ID/APN: R27367
Zoning: C-2
Property Located Between: Quaker & Utica Avenues
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 6
Typical SF / Floor: 9,000 SF
Year Built: 1980
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Total Parking Spaces: 136
Passenger Elevators: 2
Sprinklers: None
Heat Type: Electricity, Hot Water
Heat Source: Other
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Zoning Description: C-2 local retail
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: There is an access easement going out to Utica Avenue on the West side of the property
Legal Description: Part of Tract B, Gordon Heights Addition

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,518 133,880 215,367
Median Age: 31.78 33.26 32.06
Households: 7,181 53,778 83,812


Photograph of Listing Agent

David Fleming

Fleming Investment Properties
West Texas CIE Member
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