702 Hwy 62/82 - Freestanding FOR SALE


Wolfforth, TX 79382
$953,000 USD
702 Hwy 62/82, Wolfforth, TX for Sale
$953,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

702 Hwy 62/82
Wolfforth, TX 79382


HIGHLIGHTS

  • 100% occupied by Goodwill Industries of Lubbock, Inc.
  • Contractual Rent growth with Annual Base Rent Escalators incorporated through Lease Term
  • Tenant Expense Reimbursements to Landlord for full cost of Real Estate Taxes & Property Insurance
  • Recent Capital Improvements with new TPO Roof & HVAC replacement installed within the past year

OVERVIEW

Property Description Positioned along US HWY 62/85 near FM 179/Dowden Road within the rapidly growing Wolfforth corridor, this Property is 100% leased by Goodwill Industries of Lubbock Inc. INVESTMENT HIGHLIGHTS • Call for Lease Information • 100% occupied by Goodwill Industries of Lubbock, Inc. D.B.A.. Goodwill Industries of Northwest Texas. • Contractual Rent growth with Annual Base Rent Escalators incorporated through Lease Term. • Tenant Expense Reimbursements to Landlord for full cost of Real Estate Taxes & Property Insurance. • Recent Capital Improvements with new TPO Roof & HVAC replacement installed within the past year. * Includes associated warranties.

FOR SALE DETAILS

PRICE

$953,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

25,047 SF

ZONING

C-2 General Commercial

APN/PARCEL ID

R106066

ASK ABOUT THIS PROPERTY

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