Contact for Price SALE
43,680 SF
3410 N Elm Ave.
Lubbock, TX 79403

PROPERTY OVERVIEW: The Net Leased Investment Group for Coldwell Banker Commercial is pleased to offer for sale this large single tenant space. The current tenant of this property is Monsanto International. Monsanto is a sustainable agriculture company. They deliver agricultural products that support farmers all around the world. In addition to our seeds and traits business, we also manufacture Roundup and other herbicides used by farmers, consumers, and lawn-and-garden professionals. This property is Monsanto's area research facility which consists of two buildings. The main building is 30,000 sq. ft. and the second building is 13,680 sq. ft. PROPERTY HIGHLIGHTS: National Tenant Single Tenant 12.2 land acres Built in 2010 3 Miles fro the Lubbock Preston Smith International Airport 4.5 Miles fro a Tier 1 University, Texas Tech University. Texas Tech is the second largest contiguous campus in the United States. PROPERTY SUMMARY: SALES PRICE - $9,288,000 CAP RATE - 7.5% IRR (BEFORE TAX): - 17.85% NOI - $696,000 LOT SIZE: 12.2 acres BUILDING SIZE: 43,680 SF YEAR BUILT: 2010 CROSS STREETS: Lubbock Business Park Blvd & N Elm Avenue

Property Type Industrial
Year Built 2010
Listing ID 76495R
Style Industrial Bldg -R & D
Building Size 43,680 SF
Property Features
Age: 6-10 Years Old
Additional Media Area Demographics