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3410 N Elm Ave
Lubbock, TX 79403

Industrial Property For Sale

Investment Highlights

  • Starting Bid: $2,400,000
  • Bidding: 9/25 - 9/28

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Warehouse
Building Class B
Lot Size 9.59 AC
Rentable Building Area 43,680 SF
Number of Floors 1
Year Built 2010
Tenancy Single
Clear Ceiling Height 25 ft
Level Access Doors 6

About 3410 N Elm Ave , Lubbock, TX 79403

Property tour dates will be announced. Please contact the listing broker for further information. Investment Highlights: Monsanto Research Facility -- $52 Billion corporate signature New build-to-suit for Monsanto constructed in 2010 4 years base lease term remaining Monsanto continues to invest in Lubbock, TX with the addition of a $140M seed processing facility Located in northwest Texas, Lubbock is known as the "Hub City," equidistant to both coasts and located at the crossroads of Interstate 27 and four major US highways Well planned transportation network with an average commute time of 16 minutes Investment Overview: Coldwell Banker Commercial and Ten-X present the exclusive opportunity to acquire Monsanto Research Facility a 100% leased, single tenant absolute NNN, 43,680 square foot industrial property, located in Lubbock, TX. Monsanto has 4 years remaining on a 10 year base lease term, followed by two (2), five (5)-year options at full CPI adjustment. The Property is located at the intersection of Lubbock Business Park Blvd and N Elm Avenue and is approximately 4.5 miles from Tier 1 University. Texas Tech is the second largest contiguous campus in the US. Texas Tech is the second largest contiguous campus in the US. Monsanto is a $52 Billion sustainable agriculture company founded in 1901. They deliver agricultural products to support farmers all around the world. In addition to seeds and traits business, they also manufacture Roudupr and other herbicides used by farmers, consumers and lawn-and-garden professionals. The headquarters is located in St. Louis, Missouri, located in 66 countries and has 20,800 employees worldwide.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R317514
Land Assessment
£425,943
Improvements Assessment
£3,473,498
Total Assessment
£3,899,440

zoning

Zoning Code GI (General Industrial)
GI (General Industrial)
  • Listing ID: 4886176

  • Date on Market: 11/11/2016

  • Last Updated:

  • Address: 3410 N Elm Ave, Lubbock, TX 79403

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