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224 Buddy Holly Ave
Lubbock, TX 79401
Income-Generating & Value-Add in Lubbock, TX · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Two flexible industrial spaces at 224 Buddy Holly Avenue, offering one warehouse leased to a tenant until Q1 2025, and a 20,000-SF vacant building.
  • This offering presents an income-generating asset with owner/user availability of the vacant building or strategic leasing strategy for market rent.
  • On-site features among the two 20,000-SF buildings on the 2.04-acre lot include two exterior docks, one drive-in, and two exterior levelers.
  • In the North Inner Loop Submarket’s Opportunity Zone, with easy access to I-27 and State Routes 84, 82, 289, and 326.
  • Tenant occupying the on-site left-hand building is a regional parcel delivery service utilizing ample available parking and warehouse features.
  • Light-industrial vacant building would be ideal for storage, church, nonprofit, and banquet hall/ event center venue operations.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.04 AC
Rentable Building Area 40,000 SF
No. Stories 1
Year Built 1968
Tenancy Single
Parking Ratio 1.88/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Parcel Number R79203

AMENITIES

  • Signage
  • Listing ID: 31232323

  • Date on Market: 3/15/2024

  • Last Updated:

  • Address: 224 Buddy Holly Ave, Lubbock, TX 79401

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