5009 University

Office for Sale
Catylist Listing ID: 30388947
Property Subtypes: Medical, Office Building
Building Size (RSF): 11,668 SF
Gross Building Area: See Agent
Sale Price: $450,000
Unit Price: $38.57 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2019

Overview / Comments

High traffic central Lubbock office/retail building for sale. Some of the offices have been remodeled. This property is a diamond in the rough with income potential for an investor or affordable property for an owner/occupant. The property offers modest income from one tenant.

University Ave. Daily Traffic Count - 32,144
19th Street Daily Traffic Count - 28,005
Two miles from Texas Tech with 36,551 annual enrollment
Five suites for owner/occupant or investor to lease

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R125525
Zoning: C3 & C2-A
Property Visibility: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,036 119,184 208,747
Median Age: 32.87 32.44 31.95
Households: 7,684 45,090 80,653

Contact

Photograph of Listing Agent

Karen Higgins, CCIM

WestMark Commercial West Texas CIE Member
Photograph of Listing Agent

Alison Blalock, CCIM

WestMark Commercial West Texas CIE Member
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