361-561-1700
2412 50th St, Lubbock, TX for Sale
Medical - FOR SALE
1/49
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2412 50th St
Lubbock, TX 79412
Clapp Park


HIGHLIGHTS

  • Located on the corner of 50th and University Avenue, the subject property has great visibility to over 50,000 cars per day!
  • Excellent Office/Medical value added opportunity.
  • Texas Tech, within a 7-minute drive, provides this location a broad client base of young adults and professionals.
  • Over 212,000 people are living within the surrounding 5-mile radius with a healthy mix of people ranging between college-age and young professionals.

OVERVIEW

Presenting an exceptional value-add opportunity for investors or owner-users in the healthcare or professional office sectors. This three-story office/medical building is ideally positioned on the corner of 50th Street and University Avenue, offering high visibility to over 50,000 vehicles per day. The property features multiple access points and benefits from a cross-parking agreement with the adjacent hospital, providing a total of 220 parking spaces for staff, clients, or patients. Strategically located in the heart of the community, the building is just a 7-minute drive from Texas Tech University—giving it access to a strong and diverse client base of students, faculty, and young professionals. The surrounding 5-mile radius is home to more than 212,000 residents, spanning from college-age individuals to established professionals and retirees. With its central location, excellent traffic exposure, and abundant parking, this property offers outstanding potential for repositioning, leasing, or medical/office use in one of the area’s most dynamic corridors.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

24 Twenty Four Office Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

AM

APN/PARCEL ID

R166210

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Leasing DivisionTyko ManagementMore Info
361-561-1700

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Leasing DivisionTyko ManagementMore Info
361-561-1700

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