Central Lubbock Sale/Leaseback Property

Office for Sale
Sale Pending
Catylist Listing ID: 30755761
Property Subtypes: Mixed Use, Flex Space, Net Leased, Office Building, Other
Status: Pending
Building Size (RSF): 9,016 SF
Gross Building Area: See Agent
Sale Price: $595,000
Unit Price: $65.99 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class A
Sale Terms: Undisclosed, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/15/2021

Overview / Comments

- Spacious office and warehousing/shop space with easy access and visibility to 34th street, a major artery in Lubbock

- Local, strong credit office tenant has been successfully operating for 39 years

- Potential of signing a 10-year NN lease with 2 5-year options

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R88556

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,507 143,729 216,073
Median Age: 31.33 31.27 32.05
Households: 7,923 56,660 83,906

Contact

Photograph of Listing Agent

Joe Magby

NAI Wheelhouse
West Texas CIE Member
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