PROPERTY OVERVIEW: Investment Opportunity - This multi-tenant office/retail center is available for sale with multiple tenants including Premier Martial Arts , Trapped and Mail and More (starting June 1, 2021). This is an opportunity to invest in a well cared for building along a major thru road doesn't come available often in Lubbock. Conveniently located at 50th & Knoxville, this property is just West of 50th & Indiana Ave with a central Lubbock location. PROPERTY HIGHLIGHTS: • Investment Opportunity • Excellent central Lubbock location • Well-maintained property OFFERING SUMMARY Sale Price: $965,000 Cap Rate: 9.03%. NOI : $87,101 Available SF: Fully Occupied Lot Size: 30,600 SF Year Built: 1975 Building Size: 7,776 SF Renovated: 2010 Zoning: C-2: Local Retail District Price / SF: $124.10
| Property Type | Retail |
|---|---|
| Listing ID | B3KVGR |
| Style | Retail – Street Retail |
| Building Size | 7,776 SF |
| Lot Size | 0.7 AC |