Log In/Sign Up
Your email has been sent.
3305 66th St 7,732 SF 100% Leased Office Building Lubbock, TX 79413 $830,144 CAD ($107.36 CAD/SF) 6.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Positioned well for value-add investors
- Located in a high-traffic corridor (35,115 daily vehicles)
- Located adjacent to well-maintained North/South thoroughfare as well as densely populated residential neighborhoods
- Prime central Lubbock location just off Indiana Ave, offering excellent viability and accessibility
- Ample on-site parking with easy ingress and egress from both north and south sides of the building
EXECUTIVE SUMMARY
Now available for sale in Central Lubbock, just off Indiana Avenue and 66th Street, is a 6,220-square-foot, two-story office building with six individual lease spaces. With strong upside potential and a prime location, this multi-tenant property offers an ideal opportunity for investors or owner-occupants.The building features flexible suite sizes ranging from 500 to 1,300 square feet, making it well-suited for a variety of professional tenants. Current rents offer substantial room for growth—estimated at 25% to 30%—with only minor remodeling needed to unlock that value. Parking is available in both the front and rear, with access from 67th Street, ensuring convenient ingress and egress.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
7,732 SF
Building Class
C
Year Built
1977
Price
$830,144 CAD
Price Per SF
$107.36 CAD
Cap Rate
6.30%
NOI
$52,273 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,866 SF
Building FAR
0.41
Lot Size
0.43 AC
Zoning
Neighborhood Commercial
Parking
33 Spaces (4.27 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | R132601 | Total Assessment | $585,565 CAD (2025) |
| Land Assessment | $78,476 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $507,089 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R132601
Land Assessment
$78,476 CAD (2025)
Improvements Assessment
$507,089 CAD (2025)
Total Assessment
$585,565 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
1 of 18
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3305 66th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.