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7710 Milwaukee Ave. #700
Lubbock, TX 79424
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 5 year lease with 2+ years remaining
- NNN Lease
- Rent Escalation in 2025
- 7.27% Cap Rate
EXECUTIVE SUMMARY
Seize a Prime Investment Opportunity: Fully Leased Clearview Custom Office Space for Sale! Featuring 10 private offices, spacious reception area, conference room, two workrooms, two restrooms, and a breakroom. Situated in a prestigious office park, Just West of Milwaukee Avenue.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,049 SF
Building Class
B
Year Built
2022
Price
$1,514,579 CAD
Price Per SF
$374.06 CAD
Cap Rate
7.32%
NOI
$110,867 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,049 SF
Building FAR
0.52
Lot Size
0.18 AC
Zoning
NC - Neighborhood Commercial
Parking
21 Spaces (5.19 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R333402 | Improvements Assessment | $812,577 CAD |
| Land Assessment | $85,919 CAD | Total Assessment | $898,496 CAD |
PROPERTY TAXES
Parcel Number
R333402
Land Assessment
$85,919 CAD
Improvements Assessment
$812,577 CAD
Total Assessment
$898,496 CAD
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