Industrial Investment for Sale
$1,107,000
3216 116th St, Lubbock, TX 79423
6,762 sqft
Building Size
0.5778 acres
Lot Area
Details:
Highlights:
- 3 Year NNN lease in place
- Annual Escalations
- ±6,762 SF office/warehouse
- ±2,762 SF office | ±4,000 SF warehouse
- 7 private offices, break room & 2 restrooms
- Secured stack yard behind the building
- Strategic South Lubbock location near Indiana Ave. & 116th Street
Description:
Discover a pristine office/warehouse opportunity in fast-growing South Lubbock. This ±6,762 SF building features approximately ±2,762 SF of modern office space and ±4,000 SF of clean, well-constructed warehouse area. The office layout includes seven private offices, a dedicated break room, and two restrooms—ideal for service, operations, and administrative teams.
The property is currently leased with a three-year term in place, providing immediate, stable cash flow. The tenant is responsible for NNN expenses, and the lease includes annual rent escalations, offering built-in income growth for investors.
Located in South Lubbock one block east of Indiana Ave on 116th Street.
1 Space Available
3216 116th Street Unknown Sub Type
NNN expenses are estimated at $2.50/SF/YR
Documents:
| Title | ||
|---|---|---|
| 3216 116th Lease Street Brochure | ||
| 3216_116th_Street_Investment_Brochure.pdf |
Location
Gallery
