10,200 Sq. Ft. insulated metal Office Warehouse

Retail-Commercial for Sale
Catylist Listing ID: 30524475
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 100,206 SF
Gross Building Area: 10,206 SF
Gross Land Area: 143,748 SF
Sale Price: $695,000
Unit Price: $6.94 PSF
Ceiling: 24 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 10,206 SF
Core Factor: 100%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/4/2019

Overview / Comments

Building seats on the southeast corner of lot with approximately 1.8 acres available for additional use. North one acre of lot is outside the city limits of Lubbock at the corner of Frankford Ave and Kent St. (FM 6800). Front about 1/3 is divided as office space; the middle about 1/3 is open space with 2 large bathrooms and the back 1/3 is open area. The building has 2 10 x 12 roll-up doors. The lot has its own water well in the southwest corner and the septic tank is located near the northeast corner of the building. The building has a large gravel parking area. Seller will consider 3-5 year absolute NNN at $6,000 per month base rent.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R113470 + R333629
Zoning: COMMERCIAL NOT ZONED
Retail Clientele: General, Business, Other
Property Located Between: Clovis highway and W Loop 289 facing Frankford Avenue
Property Visibility: Excellent
Largest Nearby Street: Frankford Ave
Feet of Frontage: 330
Highway Access: Less than 1 mile to Clovis Highway (US 84)
Airports: Lubbock (LBB)
Site Description: 3510 77th Dr.
Area Description: At Lubbock NW city limits with commercial building withing 1/4 mile and vacant land
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,206 SF
Property Condition: Excellent
Year Built: 2001
Roof Type: Gable
Construction/Siding: Steel Frame
Exterior Description: Netal siding with two 8x12 roll-up doors
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Interior Description: INterior of building into 3 sections; front section approximatley 3,300 Sq.Ft. divided in 8 rooms with ducted HVAC; Middle section is open space with 2 large bathrooms and ducted HVAC and rear section open area with ducted HVAC.
Zoning Description: zone T which means not zoned
Lot Frontage: 330 feet
Lot Depth: 435.6
Water Service: Well, Other
Sewer Type: Septic
Easements: Electric Lines
Land Ownership: United States
Legal Description: Blk JS, Sec 12, Ab 1350, Tr A2 of NE Pt less N100' Ac: 2.3 and N100' of Te A2 of Ne/Pt Ac: 1.0

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,015 88,722
Median Age: 28.86 28.72
Households: 7,362 33,699

Contact

Photograph of Listing Agent

Charles Camp

Exit Realty of Lubbock
West Texas CIE Member
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