CLASS A- FREESTANDING MEDICAL OFFICE BUILDING

Office for Sale
Catylist Listing ID: 30665492
Property Subtypes: Executive Suites, Medical, Office Building
Building Size (RSF): 3,048 SF
Gross Building Area: See Agent
Sale Price: $825,000
Unit Price: $270.67 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2020

Overview / Comments

This prominent freestanding medical office building is located in the heart of the Covenant medical community. This owner spared no expense building this space that offers (4) exam rooms, (3) offices (plumbed for additional exam rooms), (1) large private office (could be divided), (2) reporting/nursing station areas, a large reception area & waiting room, (2) ADA bathrooms, breakroom, laundry hookups, (1) file room, and several storage closets. The seller recently upgraded the plumbing, hot water heater, and replaced locks & door fixtures.

According to the Texas Labor Market report in July of 2020, there were over 21,000 people employed in the health and education field which surrounds this property site.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R49131
Highway Access: Close to 62/82
Area Description: Medical District
Zoning Description: AM

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,569 134,277 210,336
Median Age: 29.15 29.94 31.84
Households: 4,694 51,628 81,531

Contact

Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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