4505 82nd St - Medical FOR SALE


Lubbock, TX 79424
$3,868,212 USD
806-797-3162
4505 82nd St, Lubbock, TX for Sale
$3,868,212 USD
Medical - FOR SALE
1/5
null | 7% Cap Rate

4505 82nd St
Lubbock, TX 79424


HIGHLIGHTS

  • Fully Leased
  • Prime Location
  • Great Tenants

OVERVIEW

The Alhambra Strip Center is a fully-leased, 7-unit retail/office property located on the highly visible and trafficked 82nd Street, between Slide and Quaker in Lubbock, Texas. Offering a 7% CAP rate, this property presents a stable, income-generating investment with a diverse tenant mix, ensuring reliability and consistent cash flow. With 100% occupancy and great Tenants in place, the property is well-positioned in a high-demand area. The surrounding neighborhood, a blend of residential and commercial developments, provides a solid customer base and strong growth potential. This is an excellent opportunity for investors looking to secure a dependable, cash flowing asset in Lubbock's thriving market.

FOR SALE DETAILS

PRICE

$3,868,212 USD

PRICE/SF

$236 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alhambra Office Complex

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

NC

APN/PARCEL ID

R61020

ASK ABOUT THIS PROPERTY

Ethan QuisenberryMcDougal Commercial PropertiesMore Info
806-797-3162

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

Ethan QuisenberryMcDougal Commercial PropertiesMore Info
806-797-3162

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