Description
Great investment opportunity with 100% current occupancy in industrial leased shops. There is just over 2.03 acres and room for an additional 12 more rental units to be built to add value. The current owner is able to build out the same concept at $35/ft for the new buyer. The property currently brings in $4,250 per month. To finish out the property estimated rental would be approximately $16,000 gross rent a month. The property is less than a mile from HWY 84 and outside of the city limits. Private well is on site and the 2 end units have office space for business.
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0BEDS
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2.04ACRES
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0BATHS
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01/2 BATHS
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12,005SQFT
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$77$/SQFT
School Ratings & Info
Description
Great investment opportunity with 100% current occupancy in industrial leased shops. There is just over 2.03 acres and room for an additional 12 more rental units to be built to add value. The current owner is able to build out the same concept at $35/ft for the new buyer. The property currently brings in $4,250 per month. To finish out the property estimated rental would be approximately $16,000 gross rent a month. The property is less than a mile from HWY 84 and outside of the city limits. Private well is on site and the 2 end units have office space for business.
© 2023 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: 2023-06-03T23:59:12.867.