Remarks

Big price reduction and building will be available for a new occupant soon!!! Great investment property with a absolute NNN 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 Ave and Milwaukee Ave. Absolute NNN lease with current rent at $5,076.09. Tenant has told the Landlord that he is moving out within 30 days. The existing building can be easily converted to a fast food restaurant, branch bank, Professional office or retail space. This property has unlimited options as a income producing investment as well as expansion of the building to some best use option. Lot could be sub-divided into 2 partials. Price is negotiable.

Details

MLS#: 202308619
Price: $795,000

Style: Retail
Sq Ft: 2460
Year Built: 2002

County: Lubbock
Tax Fee: 14000