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Private Office Units
For Lease
$550/Mo per office
Pending

3227 118th Street, Lubbock, TX 79423

Commercial Lease, Lubbock, TX

Space SizeContact for details
Lot Size0.60 Acres
Days on Market412

Property Features for 3227 118th Street

General Information

Property type Commercial Lease
Property subtype Office
Property condition Under Construction
Parking features Carport
Security features Security
Lot features Landscaped, Sprinklers In Rear
Elementary school district Lubbock-Cooper ISD
Middle school district Lubbock-Cooper ISD
High school district Lubbock-Cooper ISD
Subdivision 7
Standard status Pending
APN R345247
Size 4,800 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Description Four Fields Business Park Tr E
Tax Annual Amount 2726
Legal Description Four Fields Business Park Tr E

Utilities

Water source Public

Amenities

Kitchenette
Work Station Area
Restrooms

Building Details

Year built 2025
Floors in Building 1
Flooring type Carpet, Tile, Vinyl
Building materials Metal Siding
Roof type Metal
Listing Agency: Southern Magnolia Real Estate
Listed By: Siairra Tharp · License #0722013
Added: Aug 13, 2025 Changed: Sep 17 Last Checked: Sep 28 at 12:06PM
MLS# 202559089

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two private office units are available within a 4,800-square-foot commercial property in South Lubbock. The shared setting includes a conference room with mounted TVs, a kitchenette, a workstation area, and restrooms. Tile, vinyl, and carpet flooring are specified, with carport parking available.

The property is under construction and was built in 2025, with metal siding, a metal roof, and public water service. Located at 3227 118th Street in Lubbock, the office space provides access to major roads, restaurants, and other amenities.

Key Highlights

  • Two private office units available
  • 4,800 square feet of commercial property
  • Shared conference room with mounted TVs

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lubbock, TX

$27.03 /SF/Yr
Avg Asking Price
$2.35–$288 /SF/Yr
Price Range
6,018 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two private offices within a shared professional setting with conference, kitchenette, workstation, and restroom areas.
Where is this office units located?
The property is located at 3227 118th Street Lubbock, TX.
What is the lease rate?
The lease rate is $550/Mo per office.
What are key features of this property?
This property features: Two private office units available; 4,800 square feet of commercial property; Shared conference room with mounted TVs
More about this property
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