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Strip on 40th 302-340 E 40th St 2,100 - 4,200 sq ft of Industrial Space Available in Lubbock, TX 79404
SPACE AVAILABILITY (2)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor - 320 | 2,100 sq ft | Negotiable | £3.44 /sq ft pa £0.29 /sq ft pcm £7,226 pa £602.16 pcm | Plus All Utilities | ||
| 1st Floor - 330 | 2,100 sq ft | Negotiable | £5.12 /sq ft pa £0.43 /sq ft pcm £10,760 pa £896.70 pcm | Plus All Utilities |
302-340 E 40th St - 1st Floor - 320
Grade level 2,100 SF unit available for lease. Concrete construction building. Rear gas fired heaters for warehouse. Currently in whiteboxed shell condition. New lighting and warehouse area.Would be a good space for overflow storage or other uses where office/restroom not required. Landlord will build office/restroom with credit tenant and 3 year lease. Please no game room or entertainment use inquires.
- Listed rent plus proportional share of utilities
- 1 Level Access Door
- Space is in Excellent Condition
302-340 E 40th St - 1st Floor - 330
Grade level 2,100 SF unit available for lease. Concrete construction building. . Rear gas fired heaters for warehouse. Office/ showroomarea built out in 2016. Approximately 600 SF of office/showroom and 1,500 SF warehouse. New lighting and whiteboxed warehouse area. Please no game roomor entertainment use inquires.
- Listed rent plus proportional share of utilities
- Includes 600 sq ft of dedicated office space
- 1 Level Access Door
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net (NNN) rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rent structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,200 sq ft | Frontage | 636 ft on 40th St |
| Centre Type | Neighbourhood Centre | Net Internal Area | 42,000 sq ft |
| Parking | 175 Spaces | Total Land Area | 3.33 ac |
| Centre Properties | 1 | Year Built | 1963 |
| Total Space Available | 4,200 sq ft |
| Centre Type | Neighbourhood Centre |
| Parking | 175 Spaces |
| Centre Properties | 1 |
| Frontage | 636 ft on 40th St |
| Net Internal Area | 42,000 sq ft |
| Total Land Area | 3.33 ac |
| Year Built | 1963 |
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Strip on 40th | 302-340 E 40th St
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