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LAMBERTS OFFICE PARK II
5760 40TH STREET, Lubbock, TX 79407
$475,000
10,342 SF
$45.93
Office
Office Building
Investment
6%
11.80%
100%
Multiple
-
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Last Verified 2/11/2012
Listing ID 16278985
Description
GOOD LOCATION, LOW MAINTENANCE, GOOD CASH FLOW. THE BUILDING IS ASSESED AT $600,000. THIS IS ACCORDING TO THE LUBBOCK CENTRAL APPRAISAL DISTRICT. PLEASE NOTE THAT SUITES A & B ARE VACANT. LANDLORD IS OFFERING A MASTER LEASE FOR ONE YEAR AT $4,000.00 PER MONTH. NEW PAINT AND CARPET IN SUITES A&B.
JUST EAST OF LOOP 289, CLOSE TO SAM'S CLUB. MARSHA SHARP FREEWAY ACCESS CLOSE BY. SHORT DRIVE TO TEXAS TECH UNIVERSITY.
Actual
$55,800
Map of 5760 40TH STREET, Lubbock, TX 79407 (Lubbock County)
Created 6/15/2009
Additional Information for 5760 40th Street, Lubbock, TX 79407
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
Asking Price Index Trends for Lubbock, TX Office For Sale
| |
Jan 12 |
vs. 3 mo.
prior |
Y-O-Y |
- State | $111 | -0.4% | -3.1% |
- Metro | $87 | -2.4% | +38.3% |
- County | $88 | -2.4% | +38.7% |
|
- City | $91 | -3.0% | +39.4% |
View Lubbock Market Trends for other property types for sale or lease. Learn more about the chart info.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P