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Listing 14 out of 84
$1,790,000 For Sale

3211 116th Street
Lubbock, TX 79423


30,600 sq ft;
lot: 10.05 acres
Commercial: Business - MLS# 201810125
Property Photo
1/22

Description

Here is a rare chance to own an established storage unit complex!!! With a great location and lots of room to expand, this one will be a money maker. With built in automated systems, a single part-time employee can easily manage the entire property with ease. This property includes 241 Storage Units on 10.03 acres, located right off of Indiana on 116th st. This property brings in around $15, 500/month, but has potential to vastly increase income.The property consists of 4 buildings, including a full functioning office with restroom, security gates, cameras, and a large tract of land behind storage buildings. . Occupancy rates for the units stay around 90% and there are several acres of unused land that could be used for expansion. There is a tower on the property that can be leased back to the owners to add income to the property. There is a combination of climate controlled units, dust free units and non climate controlled units. Entire package is 10.03 acres. Call for more info

Features

  • Property Type: Commercial
  • Sub Type: Business
  • Listing Status: Active
  • County/Area: Lubbock County
  • Zip Code: 79423
  • School District: Lubbock-Cooper ISD
  • Sq.Ft.: 30,600 sq ft
  • Lot Size: 437778.00
  • # of Buildings: 4
  • # of Floors: 1
  • Foundation: Slab
  • Industrial Type: Office Showroom, Self-Storage, Mixed Use
  • Industrial Type Cmts: Storage Buildings and land
  • Lease Type: Net
  • Lot Measurement: SqFt
  • Office Type: Office Warehouse, Mixed Use
  • Office Type Cmts: Storage Building and land
  • Retail Type Cmts: 500 Storage units and LAND
  • Special Purpose Cmts: Storage Buildings, office , land
  • Sub Zone: 770
  • Vacant Land Type: Office, Self-Storage
  • Zone: 7
Courtesy of Kendra Sutherland, Realtors, Kendra Sutherland

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