Basics
- Date added: Added 3 months ago
- Category: CommercialSale
- Type: Retail
- Status: Active
- Bedrooms: 0
- Bathrooms: 0
- Half baths: 0
- Lot size: 29490 sq ft
- Year built: 0
- List Office Name: Exit Realty of Lubbock
- Subdivision Name: 714
- Fireplaces Total: 0
- List Agent: Charley H Camp
- MLS ID: 202308619
Description
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Description:
Big price reduction!!! Great investment property with a absolute NNNN lease with a Land value of over $500,000. This is one of the most popular retail and professional office areas in Lubbock, on 82nd St. between Frankfort and Milwaukee. Absolute NNN lease with 2 years remaining and two 5 year extension with 5% increases. Current rent is $5,076.09. The existing building can be easily converted to a fast food restaurant or branch bank. This property has unlimited options as income producing as well as expansion and other best use options. Lot could be sub-divided into 2 partials.
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Location
- Zone: 7
Building Details
- Heating: Central Gas
- Floor covering: Carpet, Ceramic Tile, Concrete, Other
- Roof: Composition
Amenities & Features
- Basement: No
- Utilities: City Sewer, ElectricityAvailable, NaturalGas Available, Telephone
- Private Pool: No
- Fireplace: No