7202 Slide Road, Lubbock, TX
Office for Sale - $2,995,000 - 26,739 Sq. Ft. on 1 acres
Property Info
CIMLS# | 1125004 |
Location 7202 Slide Road Lubbock TX 79424 | |
Updated | May 27th, 2022 |
Type | Office |
Price | $2,995,000 |
Building | 26,739 Sq. Ft. |
Land | 1 acres |
Property Description
7202 Slide Road features 18,697 sq. ft. of leasable/usable space in a 26,739 sq. ft. building and is well-suited for an owner-occupant to occupy current vacancies and use the income generated by other tenants to offset their own occupancy costs. At just over $110.00 per sq. ft., the property can be purchased at significantly less than replacement value.
The property is located in Lubbock, Texas, the market, finance, medical, education, distribution and entertainment hub of the South Plains of Texas. The South Plains of Texas consists of 26 West Texas and Eastern New Mexico counties surrounding Lubbock county and has a population base of over 670,000 people. Many people have found that Lubbock offers the amenities of a large modern city with the amiability and security found in a traditional West Texas town.
The three-story office building was built in 2005 and features three floors of medical and professional office space. The location of the building places it in the strategic center of where the majority of office building development has occurred in the last 25 years and within five to ten minutes of all areas of Southwest Lubbock and 10-15 minutes of Texas Tech University, the medical district and the central business district.