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311-405 19th St 20,000 SF 100% Leased Industrial Building Lubbock, TX 79401 $575,000 ($28.75/SF)



EXECUTIVE SUMMARY
Fully leased property consisting of two (2) 10,000 sq ft buildings with an enclosed
storage/parking yard between the buildings. The property is being used as an
auto body shop and is leased on a month to month basis
Property is located at the southeast corner of 19th & I-27.
Tenant: Xplosive Kustomz is a full service automotive body shop that has grown
over the years to now occupy 311-405 19th Street. The company has a long track
record of serving customer's automotive needs and has invested their own
money turning this property into a useable space for their needs
storage/parking yard between the buildings. The property is being used as an
auto body shop and is leased on a month to month basis
Property is located at the southeast corner of 19th & I-27.
Tenant: Xplosive Kustomz is a full service automotive body shop that has grown
over the years to now occupy 311-405 19th Street. The company has a long track
record of serving customer's automotive needs and has invested their own
money turning this property into a useable space for their needs
PROPERTY FACTS
| Price | $575,000 | Lot Size | 1.20 AC |
| Price Per SF | $28.75 | Rentable Building Area | 20,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1941/2016 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C |
| Price | $575,000 |
| Price Per SF | $28.75 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.20 AC |
| Rentable Building Area | 20,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1941/2016 |
| No. Drive In / Grade-Level Doors | 3 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $222,353 | |
| Land Assessment | $78,728 | Total Assessment | $301,081 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$78,728
Improvements Assessment
$222,353
Total Assessment
$301,081
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311-405 19th St
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