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3517 50th St
Lubbock, TX 79413
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Investment property - Cap rate increases from 7.8-9.2% with filling of the one vacancy
  • Excellent central Lubbock location
  • Well-maintained property- 100% Occupied

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,728 SF
Building Class
B
Year Built/Renovated
1975/2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.70 AC
Zoning
NC - (Neighborhood Commerial)
Parking
45 Spaces (5.82 Spaces per 1,000 SF Leased)
Frontage
173’ on 50th St

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R28515
Land Assessment
$153,000
Improvements Assessment
$467,000
Total Assessment
$620,000
  • Listing ID: 20636030

  • Date on Market: 8/14/2020

  • Last Updated:

  • Address: 3517 50th St, Lubbock, TX 79413

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