American Council of the Blind | 1502-1508 34th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
American Council of the Blind 1502-1508 34th St
22,300 SF Retail Building Lubbock, TX 79411 $1,244,364 CAD ($56 CAD/SF) 7.54% Cap Rate
Investment Highlights
- Double Net Retail Property With 4+ Years Remaining
- Strong Location in a Dense Residential, Retail, and Education Corridor Near Multiple Schools and Local Retail Tenants
- 2 Miles From Texas Tech University, a Major Public University With Over 42,000 Students and Staff | NCAA Division I Athletics
- Minimal Landlord Responsibilities, Tenant Reimburses 100% of Taxes
- Just Off of Interstate 27 (54,600 Vehicles Per Day) and US-84 (17,400 Vehicles Per Day), 2 Miles From Downtown Lubbock
- Lubbock is the Largest Metropolitan Area in the Western Texas/East New Mexico Region
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$100,260
|
$4.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$100,260
|
$4.50
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,343
|
$0.28
|
| Net Operating Income |
$93,917
|
$4.21
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $100,260 |
| Annual Per SF | $4.50 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $100,260 |
| Annual Per SF | $4.50 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $6,343 |
| Annual Per SF | $0.28 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $93,917 |
| Annual Per SF | $4.21 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,300 SF
Building Class
C
Year Built
1961
Price
$1,244,364 CAD
Price Per SF
$56 CAD
Cap Rate
7.54%
NOI
$93,861 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.66
Lot Size
0.77 AC
Zoning
Commercial
Parking
50 Spaces (2.24 Spaces per 1,000 SF Leased)
Frontage
354 ft on 34th St
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- American Council Of The Blind
- Retailer
- -
- -
- Double Net
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| American Council Of The Blind | Retailer | - | - | Double Net | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $767,517 CAD (2024) | |
| Land Assessment | $97,976 CAD (2024) | Total Assessment | $865,494 CAD (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$97,976 CAD (2024)
Improvements Assessment
$767,517 CAD (2024)
Total Assessment
$865,494 CAD (2024)
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
American Council of the Blind | 1502-1508 34th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.