West 19th Retail for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30322976
Property Subtypes: Convenience Store, Free-Standing Building, Street Retail
Building Size (RSF): 3,376 SF
Sale Price: $291,000
Unit Price: $86.20 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 3,376 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 11/5/2018

Overview / Comments

This lot plus free standing building has two tenants: Boost Mobile and Cigarets plus. Each have a 1 year lease. There are 12 parking spaces for the building and great visibility from 19th Street.
Quick access to West Loop 289 and Marsha Sharp FWY.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R37956
Zoning: F1-RETAI COMMERCIAL
Retail Clientele: General
Property Located Between: Milwaukee and Loop 289
Property Visibility: Excellent
Largest Nearby Street: 19th
Feet of Frontage: 114
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Total Parking Spaces: 12
Parking Ratio: 3.5 (per 1000 SF)
Parking Type: Surface
Zoning Description: Garden Office
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,245 64,924 164,033
Median Age: 26.35 29.6 32.69
Households: 5,679 27,113 64,844

Contact

Photograph of Listing Agent

Randy Egenbacher

Egenbacher Real Estate West Texas CIE Member
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