24,600 Sq Ft Alameda Frontage Build to Suit

Ground lease of Build to Suit. The owner is looking for a long term Tenant that will sign a 10 year lease for all properties. The owner agree for all properties to be demolished in order to have a new structure, either built by the Tenant or Landlord under a build to suit scenario. The cost of the new rate under a build to suit will scenario will depend on the cost of improvements. Under a grounds lease scenario, the rent would be $90,000.00 per year, net lease.

-Near Texas Tech University

-Near University Medical Center

-The Hottest Developing Area in Town

-Taxes: 15,213.86

-Size of Lot: 26,233 Square Feet