2013 1st Quarter Advantage Newsletter
-
Upload
deron-tucker -
Category
Documents
-
view
223 -
download
6
description
Transcript of 2013 1st Quarter Advantage Newsletter
JUST SOLD - THE CENTRE ’ AND THE SUITESAdjacent to Texas Tech University, Lubbock, TX
MULTI-FAMILY GROUP
Taylor Tucker, CCIM, and the Coldwell Banker Commercial Multi-Family Team in Lubbock, TX, represented a large student housing REIT in the acquisition of:
The Suites at Overton Park = 298 Units = 465 BedsThe Centre’ at Overton Park = 278 Units = 401 Beds
with an additional 20,276 square feet of ground level retail
The Centre’ at Overton Park The Suites at Overton Park
Taylor Tucker, CCIMMulti-Family Specialist
Texas DirectorSouthern Central Region
CBC Multi-Family Group806.784.3260 direct
Rick Canup, CCIMOwner / Broker
Regional DirectorSouthern Central Region
CBC Multi-Family Group806.784.3204 direct
SOLD SOLD
ECONOMYMidland and Odessa are the two fastest growing economies in the state of Texas, with Odessa recognized as the fastest growing economy in the nation according to Bloomberg. Forbes magazine recently ranked 398 metro areas on annual job growth, Midland and Odessa ranked first and second. Unem-ployment percentages for Midland and Odessa are 3.3 and 3.9, respectively. The Midland-Odessa Regional Economic Index posted a 13.9 percent gain in third quarter 2012 compared to 3Q 2011.
What is driving these amazing statistics? This boom as many know is de-pendent on oil, and in West Texas there is more than anyone realized. The
new “fracking” technology that drilling companies have implemented has opened new doors for additional oil production. Early estimates predict that the new technology will double annual oil production in the Permian Basin. OCCUPANCYThis surge in the economy has led to a massive housing shortage in Mid-land and Odessa. Coldwell Banker Commercial in Lubbock recently completed an occupancy survey for several multi-family developers and the results were astonishing. Both Midland and Odessa boasted occupan-cy percentages of 100%. Properties built since 2000 are averaging $1.44 rent per square foot in Odessa and $1.62 rent per square foot in Midland. Due to the lack of
vacancy it is estimated that up to 8,000 residents have been forced to live in hotels at a nightly rate of up to $300 per night. The increased demand for housing in the Permian Basin is unlike anything we have ever seen.
NEW CONSTRUCTION AND PERMITSDevelopers have acted and supply is on the rise. Midland has had four con-ventional apartments totaling 870 units built since 2000 and three properties totaling 506 units were permitted this year. Odessa has had 3 properties built since 2000 totaling 654 units. One difference between the cities is that Odessa currently has three properties under construction and others in plan-ning. There are approximately 1,618 units under construction or in planning currently in Odessa.
The Palms at Briarwood - Midland, TX
Tuscany at Faudree - Odessa, TX
Mission Green - Odessa, TX
Andalucia Villas - Odessa, TX
Waterford Ranch - Midland, TX
3
Oil Brings Boom To Permian Basin’s
Contact:Taylor Tucker, CCIMMulti-Family Specialist 806.784.3260 directE-mail at [email protected]
For additional informa-tion about Multi-Family properties in West Texas and the Permian Basin ...
Multi-Family Development
“Fiscal cliff crisis”, “Major Fiscal Issues Before Congress”, “Taxes for the wealthy must rise…”, and “Looming Tax Hike Motivates Owners to Sell” You’re probably fa-miliar with these headlines. In fact you may be sick of them. So is the “fiscal cliff” real? Will the capital gains tax rate increase? Will my taxes go up? These are the kinds of questions high net worth investors are asking themselves. At this point no one knows the answers to these questions with any certainty.
However, even in the midst of all the talk of the “fiscal cliff” and “tax hikes” that may be associated with it, there still may be a way you can reduce your taxes if youare a commercial building owner. If your building was built after 1986, under certain conditions the IRS allows for what is called COST SEGREGATION. In simple terms, the IRS allows for certain types of building components (fixtures, materials, equip-ment etc.,) to be depreciated on an accelerated basis. Therefore the total amount of depreciation that can be taken in a given year increases, in turn making it possible to reduce the total amount of taxes due. Some items can be depreciated in as little as 5 years. For example a restaurant may be able to include awnings, concrete footings for signs, equipment used for a drive-thru, or refrigeration equipment for beverage coolers on an accelerated schedule. Each item may produce only a small savings but when all the building components are reviewed in detail, often times the cumulative result is a significant annual tax savings.
In order to start the process a COST SEGREGATION study needs to be performed. There are a number of companies who provide this service. Typically, the companies will have a staff of professional engineers who are trained to identify and create detailed documentation for the items that would qualify. This is done by reviewing detailed as-built construction documents in conjunction with a detailed inspection of the building.
A comprehensive report is then prepared that will outline each item inspected, the de-preciation category it falls under, and the tax savings. The report also serves as docu-mentation for the IRS. With some basic information about the building and the tax payer, a COST SEGREGATION company can give you a good idea of the tax savings and whether or not the savings will outweigh the cost of the study. Many building own-ers have taken advantage of COST SEGREGATION.
It’s an accepted method by the IRS as long as there is proper detailed documentation. In fact the IRS produces a COST SEGREGATION Audit Techniques Guide that out-lines the specifics. (See online http://www.irs.gov/Businesses/Cost-Segregation-Audit-Techniques-Guide) Please consult with your tax professional for further information about COST SEGREGATION.
The information in this article is not to be considered tax or legal advice. Not all buildings will qualify.
4
Coldwell Banker CommercialRepresented the Landord and Tenant in leasing 1,800 square feet of office space in Lakeridge Professional Office Building.
Coldwell Banker CommercialRepresented the Landlord in leasing 11,682 SF of retail space in South Plains Crossing Shopping Center.
Taxes Driving You Over ‘the Fiscal Cliff”?
Contact: Barry Forrest Net Leased Investment Group / 972.956.8171 direct E-mail at [email protected]
Coldwell Banker Commercialrepresented the Seller and Buyer in the disposition and acquisition of the 95,139 SF San Angelo Mar-ketplace in San Angelo, Texas.
SOLD
LEASED
LEASED
RECENT TRANSACTIONS
Coldwell Banker CommercialRepresented the Landlord in leasing 1,663 square feet of retail space in Indiana Gardens North Shopping Center
Coldwell Banker CommercialRepresented the Landlord in leasing 2,933 square feet of retail space in Lakeridge Plaza Shopping Center.
5
Lubbock Industrial Recap 2011 . . . . 2012
Coldwell Banker CommercialRepresented the Landlord in leasing 2,101 square feet of re-tail space in Northpark Village Shopping Center.
Jef Conn, CCIM, MBA Investment/OfficeSpecialist/806.784.3216direct E-mail at [email protected]
Lubbock’s Industrial market for 2012 continued on recording a record setting pace according to Jef Conn, Industrial & Office specialist with Coldwell Banker Com-mercial.
According to the CoStar Industrial report, Lubbock’s Industrial vacancy stands at an extremely low 4.1% compared to a national average of 9.1%. “Lubbock has contin-ued to see strong demand, especially in properties over 15,000 sq feet and those with 5+ acre stack lots” says Conn.
The larger stack lots are needed by the oil & gas related companies to store tanks, piping and general product related to drilling operations. Most properties with 5+ acre stack lots have been bought or leased in the last 18 months, so there is a lot of pent-up demand.
Higher precipitation levels in 2012 did yield higher cotton production for some gin-ners. When the cotton crop is good, or better than previous years, the Industrial real estate market of Lubbock historically has done well.
2013 Forecast: Lubbock is still seeing an increase in the number of drilling compa-nies and their related companies. “This is driving the demand for Industrial space to increase” says Conn. “Lubbock is already seeing the demand for larger properties over 15,000 square feet being higher than the supply. As such, new development is likely to occur to accommodate new companies coming into town. There will likely continue to be a need for smaller spaces in the 5,000-7,500 square feet range in ad-dition to the larger spaces with sizeable stack lots.
To discuss your Industrial leasing, brokerage needs and to discuss how to best posi-tion your property to attract tenants & buyers, contact:
LEASED
LEASED
LEASED
RECENT TRANSACTIONS
Case Study: Three Story Office Property
Contact: Nick Eyhorn Investment/OfficeSpecialist/806.784.3215direct E-mail at [email protected]
6
Coldwell Banker Commercial (CBC) represented the Owner in the sale of 904 Ave O in Lubbock, TX, a three story office property in downtown Lubbock.
Situation: The Owner decided to relocate their administration offices to another location in order to save on operating costs. The Owner desired to dispose of the office property and preferred to try and close before the fiscal year end. Coldwell Banker Commercial exclusively represented the seller in the local and national marketing of the property.
The Property: 904 Ave O is a 30,165 SF three story office building located in downtown Lubbock and has 130 off street parking spaces.
Process: Coldwell Banker Commercial utilized an aggressive marketing approach to contact all local buyers, Lubbock brokers, as well as reached out to a national audience via the Coldwell Banker Commercial platform and the CCIM network. Leaving no stone unturned, CBC was able to locate a buyer who desired to open an operations center for their regional bank.
Results: 1) Coldwell Banker Commercial worked with the seller and the buyer to walk the
transaction through from the initial offer to closing. 2) All showings, tours, inspections were set up through our customized closing pro-
cess which makes sure all properties move from contract to closing as quickly and smoothly as possible.
3) The seller was able to quickly sell the property at a fair price to both buyer and seller.
4) The buyer was able to get an outstanding building at an ideal location to base their operations out of.
Looking for an office solution to meet your needs or to acquire or dispose of office prop-erty? The Office Team at Coldwell Banker Commercial has the skill and the experience to help you reach your real estate goals.
Coldwell Banker CommercialRepresented the Seller in the disposition of a 14,320 square foot retail building in south-west Lubbock.
Coldwell Banker CommercialRepresented the Seller in the disposition of a 70 acre tract of development land at S. Loop 289 and Interstate 27.
Coldwell Banker CommercialRepresented the Tenant in leas-ing a 26,000 square foot ware-house to A-1 Building Supply.
SOLD
LEASED
SOLD
RECENT TRANSACTIONS
NET LEASED INVESTMENT GROUPAustin, TX Office: (512) 382-5564Lubbock, TX Office: (806) 793-0888
Find us at: CBCNetLeasedGroup.com
7
Net Leased Investment GroupRICK CANUP, REALTORS, INC.
8
Lakeridge Professional Office Building
COLDWELL BANKER COMMERCIALCOLDWELL BANKER COMMERCIAL
7310 Slide Road Office Building
Pyramid Plaza Office Building
Coldwell Banker CommercialRick Canup, Realtors, Inc. provides comprehensive
property management and leasing services with over
300,000 SF currently under management.
Our team works closely with the property owner and tenants to provide costefficient operation and
tenant retention.
Coldwell Banker CommercialRick Canup, Realtors, Inc.maintains an open line of
communication with clients, personally apprising them of
all facets of the operation.
Contact:Scott Womack
Property Management Specialist806.784.3265 direct
Property Managementand
Leasing Services
29
PROPERTY MANAGEMENTPROPERTY MANAGEMENT
Cornerstone Plaza Center
Sonoma Plaza Center
Other Properties UnderProfessional Management:= The Offices at Woodbury
= South Pointe Executive Offices= 3207 - 3211 50th Street
=1303 - 82nd Street= 4747 S. Loop 289
= Salem Village Annex
Lakeridge Plaza Shopping CenterPersonalized Investor-Management
Relationshipis accomplished through comprehensive reporting
techniques specifically designed to investor-owner
needs.
All reports are individually stylized
according to need, and are submitted monthly.
These include:= Narrative Summary
= Cash Flow Statement= Balance Sheet
= Operating Statement= General Ledger
= Receivable Report= Check Register
= Rent Roll= Bank Statement
= Bank Reconciliation= Budget Comparison
10
Warehouse / Office
1112 NE LOOp 289
Lakeridge plaza Shopping Center Warehouse / Office
714 - 34th StrEEt5103 - 82ND StrEEt
Represented the Seller and Buyer in the disposition and acquisition of a 8,426 square foot warehouse/office.
Represented the Landlord in leasing 2,933 square feet of retail space in Lakeridge Plaza Shopping Center.
Represented the Landlord and Tenant in leasing 30,275 square feet of warehouse/office space.
pyramid plaza
3223 S. LOOp 289
Represented the Landlord in leasing 9,010 square feet of office space in Pyramid Plaza Office Building.
SE COrNEr OF114th StrEEt & SLiDE rD.
Coldwell Banker Commercial rep-resented the Seller in the disposi-tion of 11.3 acres of prime develop-ment land in southwest Lubbock.
Development Land
Just Sold
Just Leased
Just Sold
Just Leased
Just Leased
11
71St StrEEt & KEwANEE AvENuE 5125 - 69th StrEEt
DOLLAr GENErAL - wEAthErFOrD, tX
Represented the Landlord and Tenant in leasing 2,500 square feet of professional office space at The Offices at Woodbury.
Represented the Seller and Buyer in the disposition and acquisition of a 1,980 square foot oil change facility.
Represented the Seller in the disposition of a 9,100 square foot Dollar General store in Weatherford, Texas.
3601 GLOBE AvENuE
Represented the Tenant, A-1 Building Supply, in leasing 26,000 square feet of warehouse/office space.
retail Building
The Offices at Woodbury Automotive Service
Warehouse / Office
SAN ANGELO MArKEtpLACE CENtEr
SAN ANGELO, tEXAS
Coldwell Banker Commercial Rick Canup, Realtors represented both the Seller and the Buyer in the dispo-sition and acquisition of the 95,139 square foot San Angelo Marketplace Center in San Angelo, Texas featur-ing a Best Buy and Academy Sports.
Best Buy and Academy Sports
Just Leased
Just Sold
Just Sold
Just SoldJust Leased Representative Building
12
Garden Office Land
6121 - 79th StrEEt
Warehouse / Office Lakeridge Professional Office
9010 FM 1585 4903 - 82ND StrEEt
Represented the Seller in the disposition of a 24,414 square foot garden office tract of land.
Represented the Tenant, Sta-Rite Industries, in leasing a 15,000 square feet warehouse/office building.
Represented the Landlord and Tenant in leasing 1,800 square feet in Lakeridge Professional Office Building.
South plains Crossing
6802 SLiDE rOAD
Represented both the Landlord and the Tenant in leas-ing 11,682 square feet of retail space in the South Plains Crossing Shopping Center.
50th StrEEt ANDSLiDE rOAD
Coldwell Banker Commercial rep-resented the Seller and Buyer in the acquisition and disposition of the 80,000 +/- square foot Pyramid Pointe Shopping Center
pyramid pointe Shopping Center
Just Leased
Just LeasedJust Leased
Just Sold
Just Sold
13
DAiry quEEN - FriSCO, tX. 405 SLiDE rOAD
3422 - 34th StrEEt
Represented the Buyer in a Build-to-Suit purchase of a 3,648 square foot Dairy Queen in Frisco, Texas.
Represented both the Landlord and the Tenant in leasing 2,101 square feet of storefront retail space in Northpark Village Shopping Center.
Represented the Landlord in leasing 1,663 square feet of storefront retail space in Indiana Gardens Shopping Center.
NEC OF quAKEr AvE. & FM 1585
Represented the Seller in the disposition of 2 acres of land to Affordable Storage.
indiana Gardens
Build-to-Suit Northpark village Center
Development Land
66th StrEEt ANDMiLwAuKEE AvENuE
Represented the Seller and the Buyer in the disposition and acquisition of 7.16 acres of development land along the rapidly developing Milwaukee Corridor.
Development Land
Representative Building
Just Leased
Just Leased
Just Sold
Just Sold
Just Sold
14
Office Space
2732A - 82ND StrEEt
warehouse
714 E. 34th StrEEt
Represented the Landlord in leasing 2,159 square feet of office space near 82nd Street & University Avenue.
The Offices at Woodbury
7110 irONtON AvENuE
Represented the Landlord and Tenant in leasing three office suites totaling 3,125 square feet at The Offices at Woodbury.
5181 - 69th StrEEt(69th & SLiDE rD.)
Coldwell Banker Commercial rep-resented the Seller in the disposition of a 14,320 square foot retail build-ing in southwest Lubbock.
vision Audio
pyramid plaza
3223 S. LOOp 289
Represented both the Landlord and Tenant in leasing 3,084 square feet of office space in Pyramid Plaza Office Building.
Represented both the Landlord and Tenant in leasing 41,000 square feet of industrial space on East 34th Street.
Just Sold
Just Leased
Just Leased
Just Leased
Just Leased
2915
2032 - 82ND StrEEt 6914 - 82ND StrEEt
1120 - 14th StrEEt
Represented the Landlord and Tenant in leasing two pro-fessional office suites totaling 874 square feet in South Pointe Business Park.
Represented the Landlord in leasing 1,337 square feet of office space to Edward Jones.
Represented the Seller in the disposition of a 11,954 square foot 2-story office building in the downtown busi-ness district.
7805 Cr 7050
Represented the Landlord and the Tenant in leasing 5,000 square feet of warehouse space in Southwest Lub-bock Business Park.
2-Story Office Building
South pointe Business park Office Space
Southwest Lubbock Business Park
iNtErStAtE 27 ANDSOuth LOOp 289
Represented the Seller and the Buyer in the disposition and acquisition of 70 acres of development land at the northeast corner of Interstate 27 and South Loop 289.
Development Land
Just Sold
Just LeasedJust Leased
Just Leased Just Sold
16
ASHLEY FURNITURECollege Station, TX
PANDA EXPRESS - GROUND LEASELubbock, TX
BEALLSSnyder, TX
FRANKFORD SQUARE SHOPPING CENTERLubbock, TX
= $4,440,000 - 8.43% CAP Rate on actuals= 2007 Construction - 41,190 square feet= 81% Leased - staggered NNN leases
= $6,050,000 - 8.25% CAP Rate= Ashley Furniture is #1 furniture brand in N. America= Absolute NNN Lease - Zero Landlord responsibilities
= $1,580,000 - 5.0% CAP Rate= 20 Year Lease - Corporate Guaranty= Perfect 1031 Exchange property
= $550,000 - 11.07% CAP Rate= NN Lease with minimal Landlord responsibilities= Bealls has occupied building for 28 years
8.25% CAP Rate
5.0% CAP Rate
8.43% CAP Rate
11.07% CAP Rate
17
VISION AUDIOMidland, TX
FAMILY DOLLARDavid City, NE
= $648,500 - 8.25% CAP Rate= Investment grade Tenant - strong store sales= proven location - 75 Miles From Omaha
RSC EQUIPMENT - UNITED RENTALSSand Springs, OK
45TH & WESTERN SHOPPING CENTERAmarillo, TX
= $5,000,000 - 7.73% CAP Rate= Hard Corner - 4th busiest location in Amarillo, TX= 97% Leased - staggered lease expirations
= $950,000 - 8.84% CAP Rate= 10 Year Lease starting February 2012= Located on Loop 250 - major retail corridor
= $2,420,000 - 8.35% CAP Rate= Corporate guarantee from United Rentals= Largest equipment rental company in the world
8.25% CAP Rate
8.35% CAP Rate
7.73% CAP Rate
8.84% CAP Rate
18
NWC OF N. LOOP 289 & SLIDE ROAD - SHOPPING CENTER DEVELOPMENT
= 37,462 Square Foot Pad 3 (For Sale: $14.00 PSF)= 37,462 Square Foot Pad 1 and Corner 1.52 Acre Pad 2 (Ground Lease: Call Beau Tucker)
87TH STREET & BROWNFIELD HWY.
= 43.995 Acres - western edge of Lubbock city limits= Frontage along Brownfield Hwy. (US 62/82)= $54,450 per acre
6109 - 82ND STREET
= Located in StoneCrest Professional Office Park = Could build approximate 6,000 SF building= 26,501 SF (+/-) = $15.09 PSF
19
5109 - 82ND STREET
= 4.08 Acres - $15.00 PSF = Adjacent To Lakeridge Plaza Center = Medical / Office / Retail / Financial= Boulevard Entrance Off 50th St. = Great View Of Lakeridge Country Club = Mixed use: Office / Retail / Restaurant
Build-to-Suit
PossibleBuild-to-Suit
Possible
6210 - 79TH STREET
= 3.49 Acres along the rapidly developing Milwaukee Corridor= Owner will consider subdividing= $6.00 per SF = GO (Garden Office) zoning
4100 ERSKINE STREET
= Less than one mile from Texas Tech University= Within 1-mile of a 543 acre - 1,700 home development= Two 15 acre tracts = Call Broker for pricing
20
N. FRANKFORD AVE. & ERSKINE ST.
8801 MILWAUKEE AVE.
NWC OF QUAKER & 122ND STREET
NEC OF MILWAUKEE & URSULINE
= 6.88 Acre corner ($3.50 PSF) = 4.31 Acre tract ($2.75 PSF)= 2.96 Acre tract ($2.75 PSF) = 2.85 Acre tract ($2.75 PSF)
= Office Lots For Sale or Build-to-Suit = Zoned Garden Office = $7.25 per SF = Lots are 25,000 SF or larger
= 8.1 acres with Quaker Ave. and 122nd St. frontage= $1,146,717 ($3.25 per square foot)
= 159.96 acres with frontage along Milwaukee Avenue= $4,950 per acre - potential residential development with commercial corner
21
PRIME DEVELOPMENT ALONG THE NEW MILWAUKEE CORRIDOR
1401 UNIVERSITY AVENUE - Build-to-Suit Adjacent to Texas Tech
= Various Tracts: 1.72 to 19.5 Acres = Between Canyon West & Super Wal-Mart = Rapidly developing residential = $2.50 PSF to $12.50 PSF = New Elementary And Middle School = Multiple retail developments
= 31,875 SF of Redevelopment / Build-to-Suit land = A few blocks from the Overton Redevelopment project= Across University Ave. from Texas Tech University = High density student housing area - many new retail businesses
EN
Build-to-SuitBuild-to-Suit
22
A Full Building represents 2,471 sq. ft. consisting of 7 offices, a conference room, reception area, file room IT/data room, coffee bar and private patio.
A Quarter Building represents 625 sq. ft. consisting of 2 offices, a reception area, coffee bar and restroom.
A Half Building represents 1,250 sq. ft. consisting of 4 offices, a reception area, file closet, coffee bar.
The Pavilion serves as a state-of-the-art conference room with a wall mounted monitor, a conference room table, wi-fi wireless, and re-stroom. The conference room is available on a reservation basis as a part of the tenant’s amenity package.
The OFFICES AT WOODBURY will feature a center courtyard with up-scale landscaping, trellises to court-yard gardens, and a Pavillion.
= 3 year term= $17.75 per SF= Includes utilities
= 3-5 year term= $15.75 per SF= Includes utilities
Office Office Office
OfficeLobby Conf.Office
Office OfficeRecept.
Office Office Office Office
Office Office Office Office
Lobby
Lobby
Lobby
Lobby
= 3-5 year term= $16.75 per SF= Includes utilities
OfficeOffice Office
Office
OfficeOfficeOffice
Office
Lobby Lobby
Break Break
OFFICES AT WOODBURY71st Street and Kewanee Ave.
1 6
2 7
3 8
4 9
105
Now LeasingNow Leasing
Break RR
RR
23
= 6,500 SF Building - Can be configured for Tenant= $14 PSF Non-Medical use / $17 PSF Medical use= Generous improvement allowance
= 927 SF suite: 3 offices, large reception - $975 mo.= 768 SF suite: 3 offices, large open area - $768 mo.= Fronts 50th Street - Off-street parking
= 2,627 SF suite: 5 offices, conference room= 2,001 SF suite: 5 offices, large bullpen area= $15.50 PSF (Full Service)
= 11 private offices - waiting area with fireplace= Large conference - custom kitchen/break room= 4,681 SF - $724,000 Sale / $15.50 PSF Lease
= A former dental office - suitable for professional offices= 4 private rooms - reception & waiting - break room= $99,500 Sales Price - 1,400 SF
NEW OFFICE BUILDING6121 - 79th Street
OFFICE SUITES3824 - 50th Street
COPPERTREE OFFICE PARK4412 - 74th Street
NEW OFFICE BUILDING11007 Quaker Avenue
OFFICE CONDO6401 Indiana Avenue
For LeaseFor Sale/Lease
For Sale
For Lease For Lease
= Office suite available - large conference & kitchen= Great space for attorney, accountant, other professional= 680 SF ($1,200 mo.) (Full Gross)
OFFICE BUILDING619 Broadway Avenue
For Lease
2 Suites Available
2 Suites Available
New Construction
New Construction
24
Slid
e R
oad
= Shopping Center suites available from:
1,400 - 8,000 SF
= Drive-through available.
= Outdoor dining area available.
= Monument signage on N. Loop 289
= Generous improve-ment allowance
NORTH SLIDE SQUARE SHOPPING CENTERNWC of Slide Road and N. Loop 289
Retail 5,125 SF Retail 8,000 SF
Slide Road
N. Loop 289 Access Road
Now-LeasingUnder
Construction
GroundLease
GroundLease
ForSale
25
= Retail center with W. Loop 289 frontage= 3 suite building - high visibility and traffic= $1,000,000
= Multi-Tenant retail center - staggered NNN leases= New Construction in 2007= $4,440,000 - - 8.43% CAP Rate on actuals
= East end-cap available (9,537 SF)= Highly visible location with great traffic flow= $14.00 PSF (NNN)
= An attractive retail center fronting 4th Street= Suite 130: 1,952 SF ($18.00 PSF - NNN)= Suite 160: 1,394 SF ($18.00 PSF - NNN)
= Quality center with United Supermarket as anchor= 4 suites: 1,068 SF; 1,200 SF; 1,334 SF & 2,282 SF= $14.00 PSF (NNN)
= Retail / Office center with S. Loop 289 frontage= High visibility location - good off-street parking= Suite C: 3,900 SF ($13.00 PSF - NNN)
RETAIL STRIP CENTER3444 W. Loop 289
RETAIL STRIP CENTER5004 Frankford Avenue
RIVER CROSSING CENTER6015 - 82nd Street
WEST WIND SHOPPING CENTER5510 - 4th Street
NORTHPARK VILLAGE CENTER4th Street and Slide Road
SALEM VILLAGE ANNEX4621 S. Loop 289
For Lease
For Lease
For Lease
For Lease
For Sale
For Sale
26
= Current child care facility - office & warehouse space= 3,280 SF office space / 6,720 SF warehouse space= $360,000 Sales Price = Lease amount varies
= Warehouse/Office & Indoor baseball training facility= 5,200 SF - $3,000 month - warehouse/office= 5,000 SF - 3,500 month - indoor baseball training
WAREHOUSE / DISTRIBUTION / OFFICE2222 - Avenue A
For Lease
1020 SE LOOP 289 3701 N FRANKFORD AVE.For Sale / Lease
= Multiple building warehouse / office complex= 4,000 SF to 100,000 SF available= Dock high loading and ramp access available= Major thoroughfare frontage= Quick access to Interstate 27 (3 blocks away)
For Lease: $1.75 pSF - warehouse $4.00 PSF - Office
27
708 - 27TH STREET
9909 HWY. 87
10101 HWY. 87
= 12,143 square foot warehouse with dock-high loading= Four offices (2 story) with reception area= $3.95 per SF - $4,000 per month (NNN)
= Metal warehouse with lg. yard/stack lot - overhead door(s)= US Highway 87 (Tahoka Hwy.) frontage= $380,260 Sales Price = $3.50 PSF Lease (NNN)
= Metal warehouse with lg. yard/stack lot - overhead door(s)= US Highway 87 (Tahoka Hwy.) frontage= $679,120 Sales Price = $3.50 PSF Lease (NNN)
2228 BUDDY HOLLY AVE.
3501 GLOBE AVE.
10307 HWY. 87
= Multiple Use: Industrial / Office / Retail / Party Room = 6,338 SF - could divide into two individual units= $339,000 Sales Price = $4,000 mo. Lease
= Nice office/warehouse property with large stack lot= 1,810 SF with single overhead door = Zoned M-1= $825 per month (NNN)
= Metal warehouse with lg. yard/stack lot - overhead door(s)= US Highway 87 (Tahoka Hwy.) frontage= $333,940 Sales Price = $3.50 PSF Lease (NNN)
For Lease For Sale / Lease
For Sale / Lease
For Sale / LeaseFor Sale / Lease
For Lease
28
= Lubbock= Amarillo= Abilene= Midland= Odessa= San Angelo
the west texas Multi-Family teamThe West Texas Multi-Family team is the premier apartment brokerage team in West Texas. With more than 40 years of combined experience, we are qualified to serve your individual needs.
The strength of the Team lies in our mar-keting capabilities, property analysis, and market expertise that is second to none.
If you are considering buying or selling an apartment community, contact us.
taylor tucker, CCiM rick Canup, CCiMDIRECT: 806.784.3260 DIRECT: 806.784.3204CELL: 806.470.3844 CELL: [email protected] [email protected]
Our primaryMarket Area
Off-Market transactionsMany apartments sell or trade “Off-Market”. Contact us for
additional apartments in Texas.
Featured property
NEW CONSTRUCTION
CROWN POINTETOWNHOMES
4411 / 4426 - 105th St.Lubbock, TX
YEAR BUILT: 2011SALES PRICE: $2,499,950CAP RATE: 7.61%
Crown Ridge is a Newly Constructed, Class “A+” property, located in one of the highest growth areas in the city of Lubbock, TX. The property is comprised of 9 duplexes / 18 units.
The superiority of the design, con-struction, and location have allowed the property to achieve current rents as high as $1,525/unit.
29
Move-in ready facility featuring:= Two layers of fencing and razor wire perimeter= Covered and secure walkways between buildings= Front entrance security gate= Entrance security clearance area= Personnel offices - computers - office supplies - employee lounge= “Control Room” for security cameras and doors= Inmate health care facility - fully stocked= Inmate visitation room= Kitchen and laundry facility with equipment= Inmate library - full stocked= Inmate gymnasium & classrooms
property: Existing 383 bed adult correctional facilityBuilding Area: 94,437 SF Land Area: 30 Acresyear Built: 2000 Appraised at: $11,200,000
property: Church Building Area: 18,774 SF Off-Street parking: 48 spacesLand Area: 28,000 SF Auditorium: 250 (approx.) Sales price: $440,000
2600 South Sunset - Littlefield, TX
1409 - 23rd Street, Lubbock, TX
Auditorium
30
rEtAiL SpACE
3422 - 34th Street 880 SF(Highly visible - major intersection - storefront space) $10.00 PSF (Modified Gross)
For Lease
rEtAiL BLDG.
3210 College Ave., Snyder, TX 17,812 SF(NN Lease Investment - Tenant in place since 1984) $550,000 / 11.07 CAP Rate
NN Sale
rEtAiL SpACE
3444 W. Loop 289 6,741 SF(Retail store front space - Loop frontage with high visibility) $8.00 PSF (NNN)
For Lease
rEtAiL SpACE
4621 S. Loop 289 3,900 SF(Store-front space fronting S. Loop 289 frontage road) $13.00 PSF (NNN)
For Lease
rEtAiL SpACE
6802 Slide Road 2,400 SF(Store-front space in a power center anchored by Hobby Lobby) $16.00 PSF (NNN)
For Lease
rEtAiL BLDG.
5021 W. Loop 250, Midland, TX 5,920 SF(NNN Investment - 10 year lease - excellent location) $950,000 - Contact Broker for Details
For Sale
Coldwell Banker CommercialRepresented the Seller in the disposition of a retail/office strip center fronting 50th Street between Indian & Quaker Ave.
Coldwell Banker CommercialRepresented the Buyer in the acquisition of a corner tract of land for the construction of a new Mighty Wash car wash.
Coldwell Banker CommercialRepresented the Landlord and Tenant in leasing 2,272 square feet of office space to Names & Numbers.
SOLD
SOLD
LEASED
rEtAiL BLDG.For Sale
5004 Frankford Avenue 41,190 SF (Multi-tenant retail center built in 2007 - staggered NNN leases) $4,440,000
rEtAiL SpACE
4th Street & Slide Rd. 2,282 SF (Former restaurant - United Supermarket anchor) $14.00 PSF (NNN)
For Lease
Beall’s Dept. Store Salem Village Annex.
South Plains Crossing
North Indiana Gardens
NNN Investment NNN Investment
Northpark Village
RECENT TRANSACTIONS
OFFiCE SpACE
6306 Iola 4,000 and 4,245 SF(7-year old freestanding office building with multiple suites)
$12.50 PSF (Mod. Gross)
For
400 Wall St., Midland, TX 180,000 SF(High-rise office building in the heart of downtown Midland) $1,250,000
For Sale
OFFiCE BLDG.
2333 - 50th Street 15,364 SF(2-story building - former MassMutual building)
$1,150,000 Sale
31
For Sale
rEtAiL SpACE
6015 - 82nd Street 9,537 SF(End-cap in a great new retail strip center - high visibility) $14.00 PSF (NNN)
For Lease
rEtAiL SpACE
9002 Memphis Ave. 5,000 SF(Metal bldg. - clear span - OH door - currently a sports complex) $7.20 PSF (NNN)
For Lease
rEtAiL BLDG.
5510 - 4th Street 1,952 SF & 1,394 SF (Storefront space - fronts 4th Street - attractive center) $18.00 PSF (NNN)
For Lease
rEtAiL BLDG.
701 Broadway Ave. 11,500 SF(A two-story building in the downtown business district) $300,000
For Sale
rEtAiL SpACE
4th Street & Slide Rd. 1,200 SF & 1,068 SF(Storefront space - great visibility - United Supermarket anchor) $14.00 PSF (NNN)
For Lease
rEtAiL SpACE
6914 - 82nd Street 2,450 SF(Store-front space in fast growing southwest Lubbock) $14.00 PSF (NNN)
rEtAiL BLDG.
5120 - 34th Street 10,908 SF (High visibility - former CVS Pharmacy building) $10.00 PSF (NNN)
For Sub-Lease
For LeaserEtAiL BLDG.
3444 W. Loop 289 3,160 SF (Retail store front center with Loop 289 frontage - high traffic) $8.00 PSF (NNN)
For Lease
West Wind Center Northpark Village
rEtAiL BLDG.
2429 - 34th Street 3,500 SF(Store-front space - great visibility - high traffic flow) $98,500
For Sale
Coldwell Banker Commercialrepresented the Tenant, Sta-Rite Industries, in leasing a 15,000 square foot warehouse/office on FM 1585 just west of FM 179.
LEASED
32
Coldwell Banker CommercialRepresented the Seller and Buyer in the disposition and acquisition of a 30,275 office/warehouse.
Coldwell Banker Commercialrepresented the Seller in the disposition of a 29,212 square foot freestanding building that was the former L2 Auto facility.
SOLD
SOLD
OFFiCE BLDG.
11007 Quaker Avenue 4,681 SF(11 private offices - lg. conference - custom kitchen) $15.50 PSF (NNN)
For Lease
OFFiCE CONDO
6401 Indiana Avenue 1,400 SF (4 private offices - reception - suitable for professional offices) $99,500
For Sale
OFFiCE SpACE
3223 S. Loop 289 763 SF / 1,419 SF / 2,213 SF(Unique design / multi-level waterfall / glass elevators) $16.75 PSF (Full Service)
For LeaseOFFiCE BLDG.
6121 - 79th Street 6,500 SF (Space can be configured to fit Tenant’s requirements) $14 PSF (Non-medical) / $17 PSF (Medical)
For Lease
OFFiCE SpACE
4747 S. Loop 289 1,998 SF(Quality space with multiple offices - large conference room) $16.00 PSF (Full Service)
For LeaseOFFiCE BLDG.
7311 Marsha Sharp Frwy. 2,179 SF(2 offices - showroom - break room - lg. open area - storage) $11.00 PSF (NNN)
For Lease
OFFiCE BLDG.
4414 Avenue A 13,772 SF(5 offices with shop/warehouse - grade level overhead door) $160,000
For Sale
New Construction
New ConstructionPyramid Plaza
RECENT TRANSACTIONS
OFFiCE SuitE
3223 S. Loop 289 1,040 SF(Basement suite - reception area and a large open area ) $12.60 PSF (Full Service)
OFFiCE SpACE
1303 82nd Street 1,612 SF(Strip center with OH doors now available - build-out) $8.00 PSF (NNN)
For Lease
For Lease
OFFiCE SpACEFor Lease
3824 - 50th Street 927 SF(3 private offices - reception - open work area - shared restrooms) $975 per month
OFFiCE SpACE
6306 Iola 4,000 and 4,245 SF(7-year old freestanding office building with multiple suites)
$12.50 PSF (Mod. Gross)
For
400 Wall St., Midland, TX 180,000 SF(High-rise office building in the heart of downtown Midland) $1,250,000
For Sale
OFFiCE BLDG.
2333 - 50th Street 15,364 SF(2-story building - former MassMutual building)
$1,150,000 Sale
33
For Sale
OFFiCE SpACE
619 Broadway Avenue 680 SF(Single suite - conference room - kitchen - downtown district) $1,200 month (Full Gross)
For Lease
OFFiCE BLDG.
2302-2306 Avenue Q 6,975 SF(Multi-suite office building - could work for 4-5 tenants) $585,000
For Sale
OFFiCE SpACE
4412 - 74th Street 2,627 SF(Prof. office space - beautiful landscaping - excellent parking)
$15.50 PSF (Full Service)
For LeaseOFFiCE SpACE
7202 Slide Road; Ste. 200 2,790 SF (Six private offices - reception - break room - file/storage) $16.00 PSF (Modified Gross)
For Lease
OFFiCE BLDG.
11007 Quaker Avenue 4,681 SF(11 private offices - lg. conference - custom kitchen) $724,000
For Sale
Coppertree Office
New Construction
Pyramid Plaza
OFFiCE SpACEFor Lease
3824 - 50th Street 768 SF(3 private offices - large open work area - shared restrooms) $768 per month
MEDiCAL OFFiCE
4410 - 50th Street 3,255 SF(6 exam rooms - lg. reception/waiting - 1,300 SF expansion area) $245,690
For Sale
OFFiCE BLDG.
3610 - 34th Street 6,100 SF(Interior gutted - ready for finish-out. Close to medical district.) $350,000
For Sale
OFFiCE SpACE
2034 - 82nd Street 526 SF(8-building office park - common conference room) $16.54 PSF (Full Service)
For Lease
OFFiCE SpACE
2302-2306 Avenue Q 6,975 SF(Multi-suite office building - could work for 4-5 tenants) Call for lease rates
For Lease
OFFiCE SpACE
3301 - 66th Street 2,278 SF(3 private offices - conference room - reception with fireplace) $12.00 PSF (NNN)
For Lease
OFFiCE SpACE
3223 S. Loop 289 763 SF(Unique design / multi-level waterfall / glass elevators) $16.75 PSF (Full Service)
For Lease
34
Coldwell Banker CommercialRepresented the Seller in the disposition of a 3,398 square foot 2-story office building near Texas Tech University.
Coldwell Banker CommercialRepresented the Landlord in leasing 1,600 square feet of re-tail space to Weight Watchers.
Coldwell Banker CommercialRepresented the Seller and the Buyer in the disposition and ac-quisition of a 7,520 square foot warehouse.
SOLD
SOLD
LEASED
OFFiCE SpACE
4412 - 74th Street 2,001 SF(Prof. office space - beautiful landscaping - excellent parking)
$15.50 PSF (Full Service)
For Lease
South Pointe OfficeCoppertree Office
Pyramid Plaza
RECENT TRANSACTIONS
35
OFFiCE BLDG.
3610 Avenue Q 11,460 SF(Multi-tenant office building - great off-street parking) $325,000
For Sale
ChurChFor Sale
OFFiCE SpACE
5502 - 58th Street 2,073 SF(6 private offices, conference room, break room, data) $13.00 PSF (Modified Gross)
For Lease
OFFiCE BLDG.
3610 - 34th Street 6,100 SF(Interior gutted - ready for finish-out. Close to medical district.) $8.00 PSF (NNN)
For Lease
OFFiCE BLDG.
1601-1602 Vanda Ave. 8,698 SF(Office building with several dorm rooms - Appraised $90,000) Bring All Offers
1409 - 23rd Street 18,774 SF (Approx. 250 seat sanctuary, fellowship hall, many classrooms) $440,000
For Sale
OFFiCE SpACE
7202 Slide Road; Ste. 301 2,719 SF (Five private offices - large open area - large break room) $16.00 PSF (Modified Gross)
For Lease
OFFiCE SuitE
8801 Milwaukee Ave. 2,500 SF - 5,000 SF(New Construction - Garden Office - 2 suites available) Call Broker
For Lease
OFFiCE BLDG.
3411 S. Loop 289 3,030 SF(Freestanding office building - Formerly a restaurant) $12.00 PSF (NNN)
For Lease
OFFiCE BLDG.
4412 - 50th Street 2,400 SF(Very nice building - currently used as medical offices) $199,000
For Sale
OFFiCE SpACE
1303 82nd Street 1,849 SF(Strip center with OH doors now available - build-out) $8.00 PSF (NNN)
For Lease
OFFiCE BLDG.
1615 - 28th Street 5,299 SF(Currently MHMR Support System Office - 2 story w/basement) $148,000
For Sale
Chicago Court New Construction
36
wArEhOuSE
222 N. Avenue U 14,400 SF(Lg. metal warehouse - fenced yard - lg. overhead doors) $2.40 PSF (Modified Gross)
For Lease
Coldwell Banker Commercial represented the Landlord and Tenant in leasing 2,521 SF of office space in Sonoma Plaza Center.
Coldwell Banker Commercial represented the Landlord and the Tenant in leasing 2,272 SF of space in a new office building in southwest Lubbock.
Coldwell Banker Commercial represented the Landlord in leas-ing 3,924 SF of professional office space in Pyramid Plaza Office Building.
LEASED
LEASED
LEASED
wArEhOuSE
9909 Hwy. 87 (Tahoka Hwy.) 19,013 SF(Metal bldg. - Lg stack yard - OH doors - Highway frontage) $380,260 Sale / $3.50 PSF (NNN) Lease
For Sale or Lease
FLEX SpACE
2228 Buddy Holly Ave. 6,338 SF (Multi-use: Industrial - Retail - Party Room / could be divided) $4,000 month
For Lease
wArEhOuSE
708 - 27th Street 12,143 SF(Warehouse with dock-high & ramp - 4 offices with reception)
$3.95 PSF (NNN)
For Lease
FLEX SpACE
1020 S. Loop 289 10,400 SF (Warehouse/office and Indoor baseball training facility) $3,000 mo. warehouse / $3,500 mo. baseball
For Lease
wArEhOuSE
2222 Avenue A 4,000 SF - 100,000 SF(Large multi-building warehouse and office complex) $4.00 PSF (NNN)
For Lease
wrhSE./OFFiCE
3701 N. Frankford Ave. 10,000 SF (Child care facility - well & septic - excellent building) $ 360,000 Sale / Call Broker for Lease
For Sale or Lease
wArEhOuSE
10101 Hwy. 87 (Tahoka Hwy.) 33,956 SF(Metal bldg. - Lg stack yard - OH doors - Highway frontage) $679,120 Sale / $3.50 PSF (NNN) Lease
For Sale or Lease
RECENT TRANSACTIONS
wrhSE./OFFiCE
3501 Globe Avenue 1,810 SF(Nice office/warehouse - Lg. stack lot - OH door - Zoned M-1) $825 month (NNN)
For Lease
FLEX SpACE
5925 - 50th Street 1,200 SF(3 office spaces - 40’ x 30’ warehouse space - West Lubbock) $8.64 PSF (NNN)
For Lease
wArEhOuSE
2422 Clovis Road 20,012 SF (Warehouse with 6 offices - Dock-high doors) $312,450
For Sale
wArEhOuSE
2139 Baylor Avenue 10,029 SF(3 overhead doors [1 dock high] & [1 ramp] - office area) $125,000
For Sale
wArEhOuSE
2010 Clovis Hwy. 17,191 SF(Six individual units - Overhead doors - 100% leased) $340,000
For Sale
37
wArEhOuSE
4008 Avenue A 4,200 SF(High-bay warehouse / drive-thru overhead doors - fenced lot) $250,000
For Sale
wArEhOuSEFor Sale
wArEhOuSE
4602 Avenue A 27,025 SF(Lg. showroom - 3 service bays - parts room - offices/conference) $649,500 Sale / $5,500 month
For Sale or Lease
2513 CR 7650 13,200 SF(7.36 acres - 2 story home - mobile home - 2 warehouses - office) $375,000
wrhSE./OFFiCE
1915 Texas Ave. 6,320 SF(Large shop with 3 drive-through overhead doors - office area) $300,000
For Sale
wArEhOuSE
10307 Hwy. 87 (Tahoka Hwy.) 16,927 SF(Metal bldg. - Lg stack yard - OH doors - Highway frontage) $333,940 Sale / $3.50 PSF (NNN) Lease
For Sale or Lease
FLEX BLDG.
2228 Buddy Holly Ave. 6,338 SF (Multi-use: Industrial - Retail - Party Room / could be divided) $339,000
For Sale
Plainview, TX: StoneGate Center 6.96 Acres $2.50 per SF 2.790 Acres $6.00 per SF 1.63 Acres $4.91 per SF 1.34 Acres $6.45 per SF 1.24 Acres $8.00 per SF
Midland, TX: Interstate 20 & Rankin Hwy. Tract I 7.12 Acres $4.00 per SF Tract II 7.55 Acres $2.00 per SF Tract IV 7,000 SF $2.00 per SF Tract V 8.0 Acres $4.00 per SF
N. Loop 289 & Memphis 6.05 Acres $7.44 per SF1 12301 Slide Road 6.43 Acres
$7.00 per SF298801 Milwaukee Ave. 3.04 Acres TBD59
Frankford & Erskine St. 3.352 Acres $6.00 per SF7 6121 - 79th Street 25,414 SF
7.83 per Acre35409 Main, Wolfforth 22,750 SF $3.52 per SF65
6600 - 66th Street 6.11 Acres $6.00 per SF13 7907 FM 179 21,000 SF
$12.00 per SF41
71
7800 Milwaukee Ave. 6.97 Acres $12.50 per SF19 NEC Milwaukee & Ursuline 160 Acres
$4,950 per acre47
NWC Slide & N. Loop 289 40,511 SF $14.00 per SF
S. of FM1585 & Hwy 62/82 30 Acres $209,000
5200 N. Loop 289 0.86 - 1.52 Acres $14.00 per SF3 NEC of Quaker & FM1585 7.02 Acres
$5.00 per SF316626 - 82nd Street 4.437 Acres $8.00 per SF61
7500 Milwaukee Ave. 5.47 Acres $12.50 per SF9 2539 - 74th Street 17,424 SF
$5.25 per SF37NWC of N. Quaker & Keuka 320 Acres $2,000 per acre67
7221 Brownfield Hwy. 2.74 Acres $10.00 per SF15 207 U.S. Hwy 62/82 3.19 Acres
$2.34 per SF43 11003 Quaker Avenue 66,000 SF $8.75 per SF
73
7400 Milwaukee Ave. 1.72 Acres $12.50 per SF21 3632 - 50th Street 1.91 Acres
$9.56 per SF49
1701 E. 46th Street 2.48 Acres $1.99 per SF
N. of FM1585 & Hwy 62/82 7.2 Acres $72,000
101 Slide Road 2.41 Acres $16.00 per SF5 2202 FM 1585 125 Acres
$5,808 per Acre334402 - 122nd Street 0.7 Acres $6.00 per SF63
SEC 66th & Milwaukee Ave. 17.0 Acres $7.50 per SF11 102nd Street & Slide Road 2.6 Acres
$10.00 per SF3910401 Slide Road 2.22 Acres $8.27 per SF69
7000 & Milwaukee Ave. 2.12 Acres $12.50 per SF17 SWC Quaker & 114th 11.3 Acres
$8.00 - $9.00 per SF45
NWC FM 179 & 82nd Street 3.0 Acres $10.00 per SF
75
78
5322 FM 1585 17.0 Acres 2.00 per SF23 12403 Upton 30 Acres
$15,000 per Acre51
1520 Avenue Q 24,388 SF $11.75 per SF26 6007 - 45th Street 38,000 SF
$8.00 per SF54
109th & Quaker Ave. 2.04 Acres $9.00 per SF28 3219 E. Slaton Hwy. 1.60 Acres
$0.30 per SF56
5802 Erskine Street 31 Acres $2.50 - $3.50 PSF58
2 Brownfield Hwy & 87th 43.995 Acres $1.50 - $6.00 per SF30
6602 - 82nd Street 1.938 Acres $17.00 per SF60
2401 W. Loop 289 2.836 Acres $5.00 per SF8 SEC of 34th Street & MLK 5.77 Acres
$135,000362915 - 98th Street 0.73 Acres $7.90 per SF66
6700 - 66th Street 3.93 Acres $6.00 per SF14 FM 179 100 Acres
$10,000 per acre42 6223 - 82nd Street 18,487 SF $16.00 per SF
72
6400 - 74th Street 5.71 Acres $3.00 per SF20 6424 - 4th Street 7.126 Acres
$6.50 per SF48
4 NEC of Quaker & 146th St. 197 Acres $12,500 per Acre32
6120 - 82nd Street 1.03 Acres $14.00 per SF62
SWC of 66th & Iola Ave. 16.1 Acres $3.00 per SF10 2504 - 98th Street 3.5 Acres
$4.95 per SF 3817013 Slide Road 5 Acres $95,00068
6900 Milwaukee Ave. 3.67 Acres $10.00 per SF16 4925 Marsha Sharp Frwy. 2.35 Acres
$5.00 per SF44
74
77
6621 - 98th Street 5.0 Acres 1.60 per SF22 301 Avenue Q 2.00 Acres
$17.50 per SF50
11806 Slide Road 1.44 Acres $5.00 per SF25 6005 - 45th Street 1.3 Acres
$8.00 per SF53
201 Slide Road 0.937 Acres $16.00 per SF6 3433 - 98th Street 1.9 Acres
$12.00 per SF34NWC 122nd & Quaker 7.4 SF 2.75 per SF64
71st & Kewanee Ave. 10 Acres $3.00 per SF12 4412 - 6th Street 41,382 SF
$11.00 per SF4010609 Slide Road 2.68 Acres $6.00 per SF70
7700 Milwaukee Ave. 5.47 Acres $12.50 per SF18 SWC 98th Street & Alcove 123 Acres
$11,000 per acre46
NEC 124th & University 2.03 Acres $120,000
8501 - 4th Street 12.5 Acres $118,750
76
79
48th Street & Gary Ave. 1.88 Acres $470,00024 5309 - 50th Street 1.22 Acres
$10.75 per SF52
5109 - 82nd Street 4.08 Acres $15.00 per SF27 SEC 114th & Slide Rd. 9.08 Acres
$4.75 per SF55
7903 CR1500 3.697 Acres $2.76 per SF57
4100 Erskine Street 30 Acres Call Broker
4601 N. Loop 289 9.5 Acres $4.25 per S
39
Broker and C.E.O. Started the company in 1977Specializing in Multi-Family Brokerage and Land Development. Brokered thousands of multi-family units. Led the development of a prime 18 acre site involving such clients as Cheddar’s, Applebee’s, Outback Steakhouse, Hampton Inn, Courtyard by Marriott, and Fairfield Inn.
“The Land Man,” specializing in all aspects of land and NNN investment brokerage and it’s use including site selection and land development opportunities for retail, office, and mixed-use end users and developers. Member of ICSC and RECON attendee. Member of the REALTORS Land Institute (RLI). Maintains a database of over 1,750 investors. Over $120,000,000 of land inventory.
Certified Commercial Investment Member (CCIM). Specializing in the brokerage of Multi-Family properties throughout the Texas High Plains and West Texas - an area covering 71 counties. Maintains a database of over 540 multi-family properties representing more than 57,500 total units and approximately 400 property owners. Recognized as the #1 apartment Broker in Coldwell Banker Commercial in 2009.
Certified Commercial Investment Member (CCIM). Specializing in Industrial and Office Brokerage and Leasing. Maintains a database of over 950 Indus-trial properties representing over 25,000,000 sq. ft. of space and approximately 1,000 owners and investors. Member of the Coldwell Banker Commercial Industrial Group. Graduate of Texas Tech Rawls College of Busi-ness.
AuStiN, tX OFFiCESpecializing in all aspects of net-leased investment and shopping center brokerage. A graduate of Texas Tech University’s Rawls College of Business with a degree in Marketing. Certified Commercial Investment Member (CCIM), Member of the International Council of Shopping Centers (ICSC). Recently closed over $60,000,000 in transactions.
AuStiN, tX OFFiCESpecializes in retail net leased investments broker-age. Closed over $75 Million in net leased properties throughout the US. Experience spans over 20 years and includes transaction management, build-to-suit development, brokerage firm owner and international property management. Focused on client’s best inter-est by getting results with integrity and professionalism.
rick Canup, CCiM 806.784.3204
taylor tucker, CCiM 806.784.3260Jef Conn, CCiM, MBA 806.784.3216
parker Carroll, CCiM 512.382.5564
Barry Forrest 972.956.8171
Beau tucker, CCiM 806.784.3298
Specializing in the brokerage, leasing and management of office and retail properties. Participated in the sale or lease of commercial properties with a total volume exceeding $169,000,000 and has leased over 2,000,000 sq. ft. of office and retail space. Currently responsible for the management or leasing of over 300,000 sq. ft. of commercial properties.
Scott womack 806.784.3265
Specializing in Retail Brokerage and Leasing as well as Investments. Maintains a database of over 975 retail properties, 1,800 retail tenants, and over 1,350 owners and investors. Member of ICSC and a graduate of Texas Tech Rawls College of Business with a degree in Marketing.
Specializing in Office and Industrial Brokerage and Leasing as well as Investments. Maintains a database of over 1,000 Office properties in West Texas. Mem-ber of the Coldwell Banker Commercial Office Group. Graduate of Texas Tech University Rawls College of Business.
Nick Eyhorn 806.784.3215
Eric Eberhardt 806.784.3239
Specializing in Retail brokerage and leasing as well as investments. Maintains a database of over 980 retail properties representing over 1,300 owners and investors and over 1,800 tenants. Member of ICSC and Coldwell Banker Commercial Retail Group.
Jordan wood 806.784.3224
prESOrtEDStANDArD
uS pOStAGE pAiDLuBBOCK, tX
pErMit NO. 613
RICK CANUP, REALTORS R
4924 S. Loop 289Lubbock, TX 79414www.CBCLubbock.com
CHANGE SERVICE REQUESTED
LUBBOCK, TX OFFICEAUSTIN, TX OFFICE