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1701 Avenue H
Levelland, TX 79336

Office Property For Sale

Investment Highlights

  • 9% cap rate
  • 5 year lease renewal starts March 1, 2019

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
7,221 SF
Building Class
C
Year Built
1960
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,221 SF
Building FAR
0.45
Lot Size
0.37 AC
Zoning
ZH/ Commercial/ Mixed Use
Parking
50 Spaces (6.92 Spaces per 1,000 SF Leased)

About 1701 Avenue H , Levelland, TX 79336

Investment Opportunity. State leased medical office space with the State of Texas Human & Health Services as the tenant. The tenant's has occupied the space since 2008 and they have already signed a 5 year extension starting March 1, 2019 - February 29, 2024. Minimal landlord expenses cause this to be a great investment opportunity for an investor. Please DO NOT disturb the tenant. All tours MUST be scheduled through Jef Conn, CCIM, SIOR - Coldwell Banker Commercial. Additional approx 1,500 sq ft unfinished space also included. Price based off the leased space. Unfinished space is bonus space. Conveniently located in Levelland, TX, just north of US 385 on Ave H (runs through town). Property is at the southeast corner of Ave H & 17th Street.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R10051
Land Assessment
$18,430
Improvements Assessment
$297,000
Total Assessment
$315,430
  • Listing ID: 14941126

  • Date on Market: 1/21/2019

  • Last Updated:

  • Address: 1701 Avenue H, Levelland, TX 79336

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