12210 Quaker Ave - Medical FOR SALE


Lubbock, TX 79424
$7,356,500 USD
512-433-6999
12210 Quaker Ave, Lubbock, TX for Sale
$7,356,500 USD
Medical - FOR SALE
1/5
null | 7.25% Cap Rate

12210 Quaker Ave
Lubbock, TX 79424


HIGHLIGHTS

  • NN Lease | 7 Years Remaining | 2% Annual Increases Throughout
  • 2-(5)yr Options to Renew also with 2% Annual Increases
  • Long-term Stable Practice serving Lubbock Since 1998
  • Purchased by AVP Texas Vision Management, LLC - Part of a family of 9 Other Medical Practices
  • Exclusive New Vintage Township Neighborhood of Lubbock with Avg HH Income $184,000+ in 1 Mile Radius
  • Major Thoroughfare to Loop 289 and Medical District with Traffic Counts of 21,000+VPD

OVERVIEW

TREK Investment Group is pleased to offer for sale, the West TX Eye Clinic office building in Lubbock, Texas. The subject property is strategically situated in the new Vintage Township neighborhood featuring some of the most beautiful and unique new homes and real estate in Lubbock with an average Household income of $184,000+ in a 1 mile radius. West Texas Eye Clinic is situated along Quaker Avenue, servings as the major thoroughfare to Loop 289 with traffic counts of 21,000+VPD. National and Regional Tenants surround the property such as Walmart Supercenter, Academy, Chick-fil-A, HEB, Starbucks and more.

FOR SALE DETAILS

PRICE

$7,356,500 USD

PRICE/SF

$407 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Texas Eye Clinic - Quaker Ave

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

F1

APN/PARCEL ID

R332875

ASK ABOUT THIS PROPERTY

Parker CarrollTREK Investment GroupMore Info
512-433-6999

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Parker CarrollTREK Investment GroupMore Info
512-433-6999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.