3511 North Frankford

For Sale

3511 North Frankford , Lubbock, TX 79416

This Lubbock property for sale is located at 3511 North Frankford . The current listed sale price for 3511 North Frankford is $1,350,000. 3511 North Frankford is situated on a lot that is 4 acre in size.

Contacts

broker

David Powell

KW Commercial | Lubbock - The Powell Group

(806) 239-0804

Property Details

  • Property Type Industrial
  • Units 0
  • Lot Size 4 Acre
  • Date Updated Apr 23, 2024
  • HVAC None
Retail/Industrial Investment with stackyard on 4 acres with fully leased Industrial shops on the back 2 acres of the property. The property offers 26,000 total SF with (10) new industrial shops built in 2016. Shop sizes range from 2,000 - 2,500 SF each with 14' x 12' overhead insulated doors with a bathroom in each unit. Shops separately metered & equipped with 50 Amp electric with fiber optic capability. The property has 3 septics, and 1 water well. The property is situated on the West side of North Frankford and offers a 2,000 SF Retail shop and a 100 x 36 Quonset Hut which is currently occupied by the seller. The owner is retiring and selling property. Property has a billboard that produces an additional annual income of $1,000. There are many investment possibilities, please see this full brochure with actual rent roll and proformas for the following investment potential. Investment Option A: New owner can occupy front 2 acres with shop & Quonset Hut while collecting income from existing (10) fully leased Industrial shops. (see attached actual rent roll) Investment Option B: A new owner can lease the front shops (previously occupied by the seller) for approximately $2,000 monthly & sell frontage for Commercial development. Can also add (5) additional shops on the rear portion of the property to increase rent roll. (see proforma B) Investment Option C: A new owner can use front 2 acres to build a new set of (15) industrial shops increasing the income for the investment. (see proforma C)

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 13/100

    Walk Score ®

  • 30/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lubbock, TX
  • Neighborhood Wolfforth
  • Zip Code 79416
  • Market Lubbock

Points of Interest

  • Valero

    0.62 miles

  • Phillips 66

    1.93 miles

  • Phillips 66

    2.83 miles

  • 7-Eleven

    2.88 miles

  • Murphy USA

    2.99 miles

  • United Express Fuel

    3.05 miles

  • Valero

    3.26 miles

  • Alon

    3.48 miles

  • Bolton Service Station

    3.61 miles

  • Bolton's

    3.73 miles

  • Racer Classic Car Wash

    2.83 miles

  • Mister Car Wash

    3.00 miles

  • Enterprise

    3.10 miles

  • 2 Bros Car Wash

    3.71 miles

  • Mighty Wash

    3.90 miles

  • Bay Wash

    3.98 miles

  • Parkway Car Wash

    4.94 miles

  • Hurricane Beach Car Wash

    5.20 miles

  • Racer Classic Car Wash

    5.76 miles

  • 2 Bros Car Wash

    6.02 miles

  • The Shack BBQ

    0.81 miles

  • Cantina Laredo

    2.75 miles

  • West Crust Pizza

    2.75 miles

  • Twisted Root Burger Co

    2.76 miles

  • Pizza Hut

    2.80 miles

  • Jimmy John's

    2.85 miles

  • Beef 'O' Brady's

    2.86 miles

  • China Express

    2.86 miles

  • Wingstop

    2.86 miles

  • O'Hana Steak & Sushi

    2.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

David Powell

KW Commercial | Lubbock - The Powell Group

(806) 239-0804