Multi-tenant office/retail investment available for sale. This two story mixed use building features two retail spaces on the first floor, both leased and a multi-tenant executive office suites on the second floor. The second floor features a common break area with restroom and 6 private offices.
This could be an owner/user where the owner occupies the first floor and leases out the unneeded space. It could also work for an investor who wants to lease out all of the available spaces for cash flow. The property currently cash flows and after a recent remodel, is well positioned for great returns from years to come.
Contact broker to schedule a tour of the property.
Located on 34th Street between Boston Ave & University Ave. The property boasts easy access from all parts of Lubbock.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.