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    5120 29th Drive

    Lubbock, TX 79407
    • $980,000
    • STATUS: Active
    • ON SITE: 618 days
    • MLS #: 201900556
    UPDATED: 18 min ago
    $980,000
    • 0
      BEDS
    • 0.75
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,640
      SQFT
    • $128
      $/SQFT
    Neighborhood:
    302
    Type:
    Commercial
    County:
    Area:
    3

    School Ratings & Info

    Description

    7,640 SF +/- Total building space for sale. Close to new Lubbock Adventure Park, Lubbock Aquarium and proposed other developments! Plenty of parking! 4 suites with 7 total bathrooms. Property can be divided up into smaller units. Great for office, medical, government, executive offices and more! Other updates: Owners are currently adding backlit led signs!! -The two old silver water storage tanks by Adventure Park are scheduled to be demolished within 1 year's time. Current Total Rental Income: $5,222.25/mo* from just 61% occupancy. Potential total rent with 100% occupancy is $8,561/mo. (*Uses Ste A's 5 yr lease average of $1806. Inquire for more info.) ***Individual suites for sale***:A. 1970 SF. $275K $1806*/mo rental income (averaged over 5yr lease) B. 1250 SF. $190K. $1050/mo rental income C. 1425 SF. $210K. $1975/mo rental income D. 2995 SF. $399K Available for lease

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    © 2020 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-09-28T11:58:49.08.
    www.theblurealtylbk.com/homes/91022564
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    5120 29th Drive Lubbock, TX 79407

    • Price: $980,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 201900556
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.75
    Acres
    7,640
    SQFT
    $128
    $/SQFT
    Neighborhood:
    302
    County:
    Lubbock
    Area:
    3
    Property Description
    7,640 SF +/- Total building space for sale. Close to new Lubbock Adventure Park, Lubbock Aquarium and proposed other developments! Plenty of parking! 4 suites with 7 total bathrooms. Property can be divided up into smaller units. Great for office, medical, government, executive offices and more! Other updates: Owners are currently adding backlit led signs!! -The two old silver water storage tanks by Adventure Park are scheduled to be demolished within 1 year's time. Current Total Rental Income: $5,222.25/mo* from just 61% occupancy. Potential total rent with 100% occupancy is $8,561/mo. (*Uses Ste A's 5 yr lease average of $1806. Inquire for more info.) ***Individual suites for sale***:A. 1970 SF. $275K $1806*/mo rental income (averaged over 5yr lease) B. 1250 SF. $190K. $1050/mo rental income C. 1425 SF. $210K. $1975/mo rental income D. 2995 SF. $399K Available for lease
    Exterior Features

    Construction Brick Crops No Foundation Slab Parking Spaces 0 Wells 0

    Interior Features

    Ceiling Height 0.0 Overhead Doors 0

    Property Features

    Commercial Type Office Est Annual Taxes 0.00 Lot Size Source (Tax Data) Minerals No Occupied Yes Proposed Financing CashConventional Security Deposit 0.00 Specific Use No Sq Ft Source Seller

    Listing provided courtesy of Stephen Bearden of Lubbock Discount Realty. Listing information © 2020 Lubbock Association of REALTORS® MLS.
    © 2020 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-09-28T11:58:49.08.
     
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