312 SE Loop 289

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30521528
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $650,000
Unit Price: $81.25 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/19/2021

Overview / Comments

8,000 Sq Ft Building with approx 3,000 sq ft of covered outdoor storage adjacent to the building on approx 2.2 acres available for lease. The property is under new ownership and they'll be upgrades to the exterior (replacing parts of metal), new paint, new office/showroom area, and updated bathrooms. Contact broker to discuss improvement plans and details on the property. Property is located on the SE Loop 289 between I-27 and Slaton Hwy.

NNN are $1.21/SF/YR

Conveniently located on the south side of the SE Loop 289 access road, approximately halfway between I-27 and Slaton Hwy. Property has quick access to all parts of the city & West Texas via Loop 289, I-27 and Slaton Hwy.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R131399
Zoning Description: M-1

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 52,294 145,595
Median Age: 30.26 32.64
Households: 19,302 54,854


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