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58,725 sf distribution warehouse for lease. Dock high, 4 overhead doors. Located on US Hwy 84 between IH27 and Loop 289. Shares complex with Nabisco and Unisource. Lease rate at $2.72/sf/yr. Four OH doors in rear of property. Parking availble along west property line. Some parking available along frontage. Industrial users in surrounding area. Some vacant land to the east of property.
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On average, listings lease in the $20's per square foot per year. The Lubbock region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.
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