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6006 82nd Street

Lubbock, TX 79424
  • $995,000
  • STATUS: Active
  • ON SITE: 235 Days
  • MLS #: 202308619
UPDATED: 81 min ago
$995,000
  • 0
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,460
    SQFT
  • $404
    $/SQFT
Neighborhood:
714
Type:
Commercial
County:
Area:
7

School Ratings & Info

Description

Great investment property with existing NNN lease with a 5.07 CAP rate. 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. 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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© 2024 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: 2024-02-20T16:59:59.71.
www.staceyrogersrealestategroup.com/homes/141048463
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6006 82nd Street Lubbock, TX 79424

  • Price: $995,000
  • Status: Active
  • On Site: 235 Days
  • Updated: 81 min ago
  • MLS #: 202308619
0
Beds
0
Baths
0
½ Baths
0.68
Acres
2,460
SQFT
$404
$/SQFT
Neighborhood:
714
County:
Lubbock
Area:
7
Property Description
Great investment property with existing NNN lease with a 5.07 CAP rate. 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. 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.
Exterior Features

Construction Exterior Brick Foundation Details Slab Number Of Floors 1 Number Of Overhead Doors 0 Number Of Parking Spaces 50 Road Frontage CityEasementMajor ArteryPaved Roof Composition Streets 2 Way AccessCurb/GutterMajor ThruPaved

Interior Features

Ceiling Height 20 Cooling Central Electric Floor Covering CarpetCeramic TileConcreteOther Heating Central Gas Restrooms 3 Baths

Property Features

Crops No Lot Improvements Alley PavedProrata PaidSidewalks Lot Size Source (Tax Data) Minerals Surface Only Minerals Available No Miscellaneous All Weather ParkingCovered Parking Occupied Yes Office Type Office BuildingNet LeaseExecutive Suites Plans Available None Property Sub Type Retail Proposed Financing CashConventional Restrictions Easements OtherSubject to Zoning Retail Type Free-Standing BldingConvenience StoreRestaurantRetail-Pad Security Deposit 0 Specific Use Yes Tax Annual Amount 14000 Tenant Expenses CAMTaxesInsuranceElectricGasJanitorialLawn CareParkingSecuritySewerTrashWater Utilities City SewerElectricityAvailableNaturalGas AvailableTelephone Wells 0 Will Divide No Zoning C-2

Listing provided courtesy of Charles Camp of Exit Realty of Lubbock: 8067713900. Listing information © 2024 Lubbock Association of REALTORS® MLS.


© 2024 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: 2024-02-20T16:59:59.71.
 
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Stacey Rogers Real Estate Group at Keller Williams Realty
10210 Quaker Avenue
Lubbock TX, 79424