7202 Slide Rd Lubbock, TX 79424
Three-story Class B+ multi-tenant office building with recent renovations.
Property size:
25,137 SFLot size:
1.62 AcresProperty Features for 7202 Slide Rd
General Information
- Size
- 25,137 SF
- Lot size
- 1.62 Acres
Source:
Moodyscre
Listing Agency: Steve Cox Real Estate Listing Agent: Donna Currey Barnes
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multi-Tenant Office Building For Sale
This exceptional three-story Class B+ multi-tenant office building is available for purchase. The building is designed for multi-tenant occupancy and features multiple common area entrances, stairwells, passenger elevators, medical plumbing infrastructure, and ADA public restrooms on each floor. Improvements and renovations exceeding $700,000 were completed in 2023. The first floor accommodates a bank branch occupying 6,374 square feet, with an entrance on the south side of the building. A medical office occupies the remaining first floor suite, with an entrance from the front east side. The bank's accounting department occupies a suite on the second floor, while another suite on the second floor is available for lease. Third-floor office suites are available to provide flexible configurations. The site includes perimeter fencing along select boundaries for added security. As part of the transaction, the bank will consider a simultaneous short-term lease agreement with Buyer, contingent on the property’s sale timeframe. This arrangement will allow the bank to maintain operational continuity while the relocation facility is being prepared for occupancy. A lease term not to exceed six months with specific lease terms and conditions to be negotiated and finalized in the purchase and sale agreement, including rent & responsibilities. The bank is committed to a defined timeline for vacating the premises, allowing the investor to assume full control of the asset for future use or re-tenanting. The property is located in Lubbock, TX.
Location Intelligence
Current Use by Public Records
Superior HealthPlan
Health Insurance Agency
Centene Corporation
Insurance Agency
Sherri Jubay
Physician Assistant
Justin McCarthy, MD
Gastroenterologist
Gentiva Hospice
Hospice
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.9227652
- Latitude
- 33.5284619
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Three-story Class B+ multi-tenant office building with recent renovations.
Where is this office building located?
The property is located at 7202 Slide Rd Lubbock, TX.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: - Short-term leaseback opportunity with the bank, providing immediate income and guaranteed occupancy for up to six months.; - Recently completed **$700,000+ renovations in 2023**, including improvements for a bank branch with drive-thru service.; - Clear exit strategy from the bank, ensuring a defined timeline for the investor to gain full control of the property.