3511 North Frankford

3511 North Frankford , Lubbock, TX 79416

  • For Sale $1,350,000
  • Property Type Industrial
  • Units 0
  • Lot Size 4 Acre
  • Date Updated Apr 26, 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)

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Contacts

broker

David Powell

KW Commercial | Lubbock - The Powell Group

(806) 239-0804

Location

Getting Around

  • Walk Score ®

    13/100 Car-Dependent
  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Lot F-3

    3.96 miles

  • West Welcome Center Parking

    3.99 miles

  • East Welcome Center Parking

    4.00 miles

  • Commuter Parking - Lot S2

    4.00 miles

  • Lot F-2

    4.00 miles

  • Lot E-3

    4.01 miles

  • Commuter Parking - Lot S1

    4.03 miles

  • Lot D-3

    4.04 miles

  • Lot F-1

    4.07 miles

  • Lot B-3

    4.13 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

  • Big Lots

    2.94 miles

  • Walmart Supercenter

    3.12 miles

  • United Supermarkets

    3.14 miles

  • United Supermarkets

    3.16 miles

  • Food King

    3.99 miles

  • Market Street

    4.51 miles

  • Marshalls

    4.67 miles

  • Amigos

    4.82 miles

  • Walmart Supercenter

    5.63 miles

  • Food King

    5.78 miles

  • Covenant Health Medical Group

    1.84 miles

  • LFD Fire Station 13

    1.93 miles

  • CVS Pharmacy

    2.16 miles

  • Trustpoint Rehabilitation Hospital of Lubbock

    2.50 miles

  • Outpatient Radiation Treatment Center

    2.54 miles

  • Lubbock Urology Clinic North

    2.56 miles

  • Northstar Professional Center

    2.59 miles

  • Lubbock Heart & Surgical Hospital

    2.59 miles

  • Avero Diagnostics

    2.61 miles

  • Cardiologists of Lubbock

    2.61 miles

Frequently Asked Questions

What is the lease rate for 3511 North Frankford ?

Rental asking rate at 3511 North Frankford is $675,000.00/YR.

What is the total square footage of 3511 North Frankford ?

3511 North Frankford totals 26,000 square feet.

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Contact Listing Broker

broker

David Powell

KW Commercial | Lubbock - The Powell Group

(806) 239-0804