5717 66Th St Lubbock, TX 79424

Property Details for 5717 66Th St

Year built

1980

Lot size

1.25 lot acres

Property size

10,451 SF

Zone code

38

Property type

Office buildings

APN

R90596

APU

R90596

Description

This exceptional 10,919 square foot office building, located at 5717 66th Street in Lubbock, Texas, presents a compelling investment opportunity. The property is zoned C-2 and sits on a substantial 54,414 square foot lot. The single-story building is classified as Class B and features a multi-tenant configuration. The asking price is $1,300,000, translating to a price per square foot of $119.06. The lease type is Net-Net (NN), offering potential investors a strong return on investment. The building's layout is suitable for both executive office and traditional office uses, providing flexibility for a variety of tenants. Rent bumps are included in the lease agreements, ensuring consistent income growth. This property offers a rare combination of size, location, and potential in the thriving Lubbock market. The property's address is easily accessible and visible from a major thoroughfare. Further details regarding available office spaces are available upon request. This is a turnkey opportunity for investors seeking a stable and appreciating asset in a growing Texas city. The property's single-story design and ample lot size offer potential for future expansion or redevelopment. This is an excellent opportunity to acquire a well-maintained and established office building in a desirable location.

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Longitude

-101.939

Latitude

33.534

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments