Highlights Sales Price - $2,300,000 Lease Rate - Call Broker Building size - 32,927sf Lot size - 1.64 acres Zoning - C-2 New Roof in 2017 (foam and steel panels) Concrete Slab Floor Approximately 90 Parking Spaces One 4,000lb elevatorDescriptionColdwell Banker Commercial, Capital Advisors is pleased to offer for sale or lease the former Spears Furniture building for sale in Lubbock, TX located at 7004 Salem Avenue. The property is located near the highly trafficked intersection of S Loop 289 and Quaker Avenue. The building is approximately 32,000sf and is a multi-story building that includes showroom space, warehouse area with an overhead door, and back office space. Located just off South Loop 289, the building provides easy and quick access to all parts of the city.Property is located just off the major corridor of South Loop 289 and Quaker Avenue. Major retailers are located in close proximity including Wal-Mart, Casa Ole, Mardel, Stein Mart, and TJ Maxx. The South Plains mall is located approximately two miles from the site.Located on the South Plains of West Texas, Lubbock has long been known as the “Hub City”. The Nickname is related to Lubbock’s accessible location on the crossroads of Interstate 27 and four major U.S. highways. Lubbock is in the central time zone and is equal distance to both coasts, allowing for ease of U.S. distribution. Within the city, you will find a well-planned transportation network with an average commute time of 16 minutes.As the 11th largest city in Texas, Lubbock boasts a regional population base of 639,921 people. Lubbock’s size affords businesses access to dedicated community leaders and personalized service while providing you with a pipeline of personnel to fill your workforce needs. Home to Texas Tech University, Texas Tech University Health Sciences Center and a fast-growing community college, Lubbock county boasts more than 50,000 college students. Lubbock is the only city in the nation with a comprehensive university, a health sciences center, and Agriculture College and a law school in one location, making Texas Tech University the second largest contiguous university campus in the United States.The transportation infrastructure that converged in Lubbock establishes it as a “Hub City”. Lubbock is home to the Lubbock Preston Smith International Airport, which provides major carrier service across the country and around the world. More than 60 commercial arrivals and departures take place each day serving 1.2 million travelers annually. Major interstates and highways, including Interstate 27, connect the city to two major east-west Interstate systems: Interstate 20 and Interstate 40. Lubbock is located on the main line of the Burlington Northern Santa Fe Railway that connects the city to major metropolitan areas of Central and Western United States.Lubbock’s highly skilled and educated workforce, proximity, and connection to major national and international markets, and affordable utility and living costs make it the ideal place to grow your business. Known as the “Hub City” of West Texas, our diverse economy is based on manufacturing, agriculture, wholesale and retail trade services, as well as government, education, and health care.