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August 16, 2018

Retail/Shopping Center For Sale in Lubbock, Texas

Property # 1178127 Available $975,000.00

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   Property Information

Property Sub-TypeStrip Center
Other Retailn.a.
Property NameRetail Building for Sale - 12,600 SF
Property Address 18310 E FM 3523
Property Address 2n.a.
Property Town/CityLubbock
Property CountyLubbock
Property StateTexas
Property ZIP/Postal Code 79464
MLS #n.a.
Current UseVacant/Owner-Used
Building Sq. Ft.12,600
Gross Leasable Sq. Ft.12,600
No. Floorsn.a.
Lot Size Sq. Ft.84,942
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Built2003
Year Last Renovatedn.a.
Construction Typen.a.
Property Description Investment or owner-user with lease income. Three leased space. Proforma cap rate at 9%. This quality built retail center offers views of both Ransom Canyon and Buffalo Spring Lakes. Fully equipped 3,000SF restaurant with drive-thru and gas-powered brick oven. Eight- 1,2... [email for more info]
Area DescriptionLocated on FM 3523 and Ransom Road at the entrance to the Ransom Canyon community. Approximately 5 miles east of Lubbock and less than 10 minutes from Buffalo Springs Lake.

   Financial Information

Sales Price $$975,000.00
Gross Revenue $n.a.
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $n.a.
Cap Rate0.00%
Occupancy Rate0.00%
Price Per Leasable Sq. Ft. $$77.38
Year Endingn.a.
1031 Exchange?n.a.

   Major Tenants

Tenant #1n.a.
Sq. Ft. #1n.a.
Lease Ends #1n.a.
Tenant #2n.a.
Sq. Ft. #2n.a.
Lease Ends #2n.a.
Tenant #3n.a.
Sq. Ft. #3n.a.
Lease Ends #3n.a.
Tenant #4n.a.
Sq. Ft. #4n.a.
Lease Ends #4n.a.
Tenant #5n.a.
Sq. Ft. #5n.a.
Lease Ends #5n.a.

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information.
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