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7402 University Ave
Lubbock, TX 79423
Office Property For Sale
Investment Highlights
- High Visibility
- Heavy Traffic Area
- Right off South Loop 289
Executive Summary
3,085 SF office/retail property located just off South Loop 289 with exceptional visibility and easy access. Positioned next to Target and one of the largest electric vehicle charging stations in Lubbock, this site benefits from strong daily traffic and surrounding national retailers.
Property offers great parking, making it ideal for customer-facing office or retail users. Excellent opportunity for an owner-user or investor seeking high exposure along one of Lubbock’s primary retail corridors.
Property offers great parking, making it ideal for customer-facing office or retail users. Excellent opportunity for an owner-user or investor seeking high exposure along one of Lubbock’s primary retail corridors.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
3,085 SF
Building Class
B
Year Built/Renovated
1977/2018
Price
$480,000
Price Per SF
$155.59
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,085 SF
Building FAR
0.20
Lot Size
0.35 AC
Zoning
AC - Auto Urban Commercial - AC
Parking
30 Spaces (9.72 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | R77903 | Improvements Assessment | $198,296 |
| Land Assessment | $82,704 | Total Assessment | $281,000 |
Property Taxes
Parcel Number
R77903
Land Assessment
$82,704
Improvements Assessment
$198,296
Total Assessment
$281,000
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