For Sale
$825,000

4212 Frankford AveLubbock, TX 79416

12,005 SF Flex/Warehouse, 75% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional Lubbock, Texas industrial property, located at 4212 N Frankford Ave, offers 12,005 square feet of versatile flex and warehouse space on a 2-acre lot. Currently boasting 75% occupancy with three of four units leased, generating immediate income, this property presents a compelling opportunity for both investors and owner-users. The four units comprise a mix of shop and office space; Unit 1 (60x60 shop with 20x20 office) and Unit 4 (60x60 shop with 20x20 office) are currently leased, while Unit 2 (60x60 shop) is vacant and Unit 3 (60x40 shop) is also leased. Each shop features oversized garage doors for convenient access. The property includes a private well and is conveniently located less than a mile from Highway 84, outside city limits, offering reduced regulatory burdens. The substantial lot size allows for future expansion. Priced at $825,000 ($68.72/SF and $206,250 per unit), this property represents a strong investment in Lubbock's dynamic industrial market. The current lease structure is modified, with a multi-tenant occupancy. This is a for-sale-by-owner opportunity.

Highlights

  • $825,000 asking price for this 12,005 SF industrial property.
  • Multi-tenant property with three of four units currently leased, offering 75% occupancy.
  • Located on a 2-acre lot in Lubbock, TX, at 4212 N Frankford Ave.
  • Features four units, including flex and warehouse space, with oversized garage doors and office space in select units.
  • Property includes a private well and is conveniently located less than a mile from Highway 84.

Property Details for 4212 Frankford Ave

Property type
Warehouses, Industrial properties
Square Feet
12,005 SF
Lot Size (sq. ft)
87,120 SF
Units
4

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.6401313
Longitude
-101.939336
4212 Frankford Ave, Lubbock, Texas

FAQs

What type of property is this?
Warehouse - 12,005 SF Flex/Warehouse, 75% Occupied
Where is the warehouse located?
The property is located at 4212 Frankford Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: $825,000 asking price for this 12,005 SF industrial property.; Multi-tenant property with three of four units currently leased, offering 75% occupancy.; Located on a 2-acre lot in Lubbock, TX, at 4212 N Frankford Ave.
How can I contact the broker?
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4212 Frankford Ave
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