5102 Salem Ave | Lubbock, TX 79414
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- LoopNet Team
5102 Salem Ave
Lubbock, TX 79414
Mortesen Dental Partners · Office Property For Sale
Investment Highlights
- Net Lease with minimal landlord responsibility.
- Landlord replaced entire roof, improved to TPO & Metal shingles where possible.
- Property is located off 50th St which is a main arterial East to West through Lubbock.
- Tenant has opted to renew the lease 3 years early.
- Population in a 3 mile radius is over 120,000 people.
- Home of Texas Tech University; Campus is over 1,800 acres, with 242,000 sq. ft. recreation center and top 10 top 10 public art collection.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
2,200 SF
Building Class
C
Year Built/Renovated
1980/2021
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,200 SF
Building FAR
0.22
Lot Size
0.23 AC
Zoning
NC - Neighborhood Commercial
Parking
14 Spaces (6.36 Spaces per 1,000 SF Leased)
Amenities
- Security System
- High Ceilings
- Natural Light
- Outdoor Seating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R49180 | Improvements Assessment | $219,540 |
| Land Assessment | $40,500 | Total Assessment | $260,040 |
PROPERTY TAXES
Parcel Number
R49180
Land Assessment
$40,500
Improvements Assessment
$219,540
Total Assessment
$260,040
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