$1,999,999 SALE
24,394 SF
4316 Ironton Ave
Lubbock, TX 79407

PROPERTY OVERVIEW: 4316 Ironton is a 24,394 sq ft property on 2.74 acres available for sale. The property is currently leased by the USDA through May 31, 2022. The property features a mix of office space, warehouse space and research space. The USDA will be relocating sometime after 2022 to a new facility on Texas Tech's campus. This property is located in a highly desirable industrial / flex space area in West Lubbock. Conveniently located in West Lubbock in the Santa Fe Business Park off 43rd & Ironton. Property has quick access to all parts of Lubbock via Loop 289 & Marsha Sharp Freeway. PROPERTY HIGHLIGHTS: Leased thru May 31, 2022 to USDA Located in West Lubbock 11.2% Cap Rate OFFERING SUMARY: Sale Price: $1,999,999 Cap Rate: 11.87% NOI: $237,399 Lot Size: 2.74 Acres Building Size: 24,394 SF Zoning: M-1 Price / SF: $81.99

Property Type Industrial
Listing ID 86G9HE
Style Industrial Bldg -Flex Space
Building Size 24,394 SF
Lot Size 2.74 AC
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