514 E 34th St.
$395,000
514 E 34th St, Lubbock, TX 79404
10.95
Cap Rate
43,236
NOI
Details:
Highlights:
- Gross Income: $ 43236.0
Description:
Located on the south side of E 34th st. near the intersection of E 34th and Globe Ave
Lease renews every 3 years (next renewal Jan. 1 2029)
Built 1964
Zone Heavy Commercial (HC)
Flood Zone: Yes, (per FEMA)
514 E 34th st. in Lubbock is home to Klinger GPI, the worldwide leader in manufacturing and providing sealing, fluid control and fluid monitoring solutions. Their Lubbock location serves as a wholesale/distribution hub for their West Texas operations.
The building itself is 11,583 Sq Ft and features a front office area, stockroom, and warehouse with two grade-level overhead doors. Recent improvements to the building include a newer roof (2021) and asphalt parking lot (2024), as well as a concrete water run-off area behind the building (expected completion August 2026). The building is zoned Heavy Commercial (HC).
Listing ID: 101cc4da-cdf0-499e-8f37-1c0be2f03ad1
Documents:
| Title | ||
|---|---|---|
| 514 E 34th Flyer |
Location
Gallery