5820 66Th St, Lubbock, TX 79424

3,600 SF | 100% Leased | Retail Building | Lubbock, TX 79424 | $749,500 ($208/SF) | 9.16% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $749,500

Property Type
Retail
Square Feet
3,600 SF
Price / Square Foot
$208

Listing Contacts

Doug Duncan
Doug Duncan
Verified Profile
  • Property Info

Property Overview

Prime Investment Opportunity in Southwest Lubbock, this small retail duplex offers an owner occupant or investor looking for high returns with a below $1 Million entry point. The 2015 building was remodeled in 2021 and recently installed new TPO roof create a low maintenance investment for any commercial real estate buyer. 2,000 square feet is already leased to Beauty Lounge with 1,600 sf of space for owner or another great tenant. Fully leased, this property hits a 9% CAP Rate.

Property Details

Class
B
Year Built
2015
Stories
1
Property Subtype
Storefront Retail/Office, Freestanding, Storefront Retail/Residential, Other Retail
Lot Size (sq. ft)
20,038 SF

Highlights

  • Neighborhood Retail Storefront
  • Close to Apartment Complex & Other MultiFamily
  • Frankford Ave & 66th Street
  • Corner Lot Access
  • 24 Parking Spots
  • Owner Occupant Opportunity

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