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2211 Marsha Sharp Fwy 8,181 SF 100% Leased Retail Building Lubbock, TX 79415 $1,200,000 ($146.68/SF)



Executive Summary
Redevelopment Opportunity in Overton Park on US 62/82 is now available! Sitting on almost an acre with nearly 350 feet of US 62/82 (Marsha Sharp Freeway) frontage, this property is ideal for multiple uses.
Currently operating as a nightclub but formerly a warehouse, this property has limitless potential. Proficiently outfitted for the nightclub/bar user, this is one of the region's most technically advanced and well-known clubs. It features an iconic lighted dance floor and a large elevated DJ booth with 3 bars, 6 bar stations, a separate VIP lounge downstairs with a separate entrance, a lighted staircase, a green room/dressing room, raised platforms with poles, tons of storage, three 10-ton HVAC units, and an owned POS system.
With almost an acre of paved land, two overhead doors underneath the building facade, and the building positioned to the far west, this property is also ideal for a warehouse or distribution use. Other commercial expansion or redevelopment uses include retail, multi-family, or student housing. Currently zoned Interstate Highway commercial, there are countless potential uses.
Call the listing agent for more information or a private tour.
Currently operating as a nightclub but formerly a warehouse, this property has limitless potential. Proficiently outfitted for the nightclub/bar user, this is one of the region's most technically advanced and well-known clubs. It features an iconic lighted dance floor and a large elevated DJ booth with 3 bars, 6 bar stations, a separate VIP lounge downstairs with a separate entrance, a lighted staircase, a green room/dressing room, raised platforms with poles, tons of storage, three 10-ton HVAC units, and an owned POS system.
With almost an acre of paved land, two overhead doors underneath the building facade, and the building positioned to the far west, this property is also ideal for a warehouse or distribution use. Other commercial expansion or redevelopment uses include retail, multi-family, or student housing. Currently zoned Interstate Highway commercial, there are countless potential uses.
Call the listing agent for more information or a private tour.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,181 SF
Building Class
C
Year Built/Renovated
1967/2001
Price
$1,200,000
Price Per SF
$146.68
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.99 AC
Zoning
IHC - Interstate Highway Commercial
Parking
60 Spaces (8.81 Spaces per 1,000 SF Leased)
Frontage
329’ on Marsha Sharp Fwy
Amenities
- Freeway Visibility
- Signage
- Drive Thru
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | R57267 | Improvements Assessment | $340,532 |
| Land Assessment | $559,468 | Total Assessment | $900,000 |
Property Taxes
Parcel Number
R57267
Land Assessment
$559,468
Improvements Assessment
$340,532
Total Assessment
$900,000
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2211 Marsha Sharp Fwy
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