512-225-2700
4320 Huron Ave, Lubbock, TX for Sale
Office - FOR SALE
1/17
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4320 Huron Ave
Lubbock, TX 79407
Northwest Lubbock


OVERVIEW

Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire a fee simple interest in 4320 Huron Ave (the “Property”), a 78,993 square foot office building with 4.2 acres of parking located within the growing market of Lubbock, Texas. Lubbock, Texas has seen significant growth over the last five years, with the population increasing by nearly 6% since 2020. Over the last decade, Lubbock’s GDP has increased by 56%, outpacing the state’s average of 34%. This is primarily due to various local investments, a high concentration of young talent, and a handful of large company relocations to the area. 4320 Huron Ave provides both users and owners with the ability to acquire a fully built out office center, while providing flexibility to re-purpose to industrial use. The Property provides for 16% coverage, allowing the ability to expand the current office footprint, as well as add additional value in building a second building on the 4.2 acre parking lot. The Property is unencumbered by leases, presenting investors and users with a unique opportunity to acquire an infill office/flex building with above-standard building finishes at a discount to replacement cost.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

477

LAND DETAILS

LAND ACRES

10.68 AC

LAND SF

465,429 SF

ZONING

F1

APN/PARCEL ID

R160064

ASK ABOUT THIS PROPERTY

512-225-2700

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512-225-2700

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