TX > Lubbock > 714
Lubbock, TX 79424,6006 82nd Street
Lubbock, TX 79424,6006 82nd Street
Lubbock, TX 79424,6006 82nd Street
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Leslie Mealem

Leslie Mealem

+1(806) 790-5909
$850,000
Est. payment /mo
2,460 SqFt
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UPDATED:

07/29/2024 04:25 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,460 sqft

Price per Sqft $345

Subdivision 714

MLS Listing ID 202308619

Annual Tax Amount $14,000

Lot Size 0.677 Acres

Acres 0.677

Property 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.

Location

State TX

County Lubbock

Area 7

Zoning 7

Direction Just west of Frankfort Ave on 82nd St. next to the empty lot in front of the Greek Orthodox Church. About .60 of a mile east of Milwaukee Ave. Easy access onto Frankfort south from Spur 327 to 82nd St.

Interior

Heating Central Gas

Cooling Central Electric

Flooring Carpet, Ceramic Tile, Concrete, Other

Heat Source Central Gas

Exterior

Exterior Feature Brick

Utilities Available City Sewer, ElectricityAvailable, NaturalGas Available, Telephone

Roof Type Composition

Road Frontage City, Easement, Major Artery, Paved

Total Parking Spaces 50

Building

Foundation Slab

Structure Type Brick

Others

Restrictions Other,Subject to Zoning

Tax ID R166581

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Listed by Exit Realty of Lubbock

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Leslie Mealem

+1(806) 790-5909

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