7412 82nd St
$499,999
7412 82nd St, Lubbock, TX 79424
17,907
NOI
4,961 sqft
Building Size
Details:
Highlights:
- Gross Income: $ 33896.0
Description:
Located in the heart of the South Plains region of Texas, Lubbock is a vibrant city known for its deep musical heritage, thriving economy, and strong sense of community. With a population of over 260,000, it is the 11th most populous city in Texas and serves as a major center for education, agriculture, and healthcare.
Lubbock was founded in 1890 and named after Thomas Saltus Lubbock, a Texas Ranger. The city has grown significantly over the years, developing into an important hub for the region. Lubbock is often referred to as the "Hub City" because of its status as an economic, educational, and healthcare center for West Texas.
Agriculture has historically been the backbone of Lubbock’s economy, particularly cotton production. In recent years, however, the city has diversified into healthcare, technology, and energy sectors. The Covenant Health System and UMC Health System are major employers, alongside companies in wind energy and agribusiness.
Some tenants are on month-to-month lease structures.
Below market rents.
Lease up potential for added value.
Listing ID: a6eb5117-bdc5-4c9f-88ed-fc07741db6c0
Documents:
| Title | ||
|---|---|---|
| 7412 82nd St - Offering Memorandum |
Location
