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Office Warehouse Flex Space
For Lease
$13 SF/Yr

11616 Hwy 87, Lubbock, TX 79423

The 2017 property combines office and warehouse configurations with truck maneuvering areas and access to U.S. Route 87.

Space Size14,000 SF
Days on Market14

Property Features for 11616 Hwy 87

General Information

Standard status Active
Size 14,000 SF
Net Rentable 14,000 SF
Lease Type /mo

Space & Availability

Available Space 14,000 SF
Contiguous Space 14,000 SF
Space Use Flex

Lease Terms

Lease Rate $13 /USD/SF/YR
Monthly Rent $15,166
Rent per SF/Year $13
Flexible Term Yes

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $11,494

Amenities

security features
professional property management

Building Details

Building Size 14,000 SF
Year Built 2017
Listing Agency: WestMark Companies
Listed By: Elbert Wuthrich · License #0653098
Source: Lubbockhomemarket
Added: Jul 23 Changed: Aug 5 Last Checked: Aug 5 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WestMark Companies

Investment Insights

Based on property information with market context.

This 14,000 SF flex space, built in 2017, combines office and warehouse areas in a configuration suited to industrial operations. The property includes high ceilings, abundant natural light, parking, truck maneuvering areas, security features, and utility infrastructure. Professional property management and maintenance services are also identified.

The property is located at 11616 Hwy 87 in Lubbock, with frontage on the future Port to Plains U.S. Highway 87 corridor. It is near the Lubbock Industrial Area and surrounding manufacturing and industrial facilities, with dining and retail amenities nearby. Access to U.S. Route 87 supports connectivity for distribution and other industrial users.

Key Highlights

  • 14,000 SF office warehouse built in 2017
  • Frontage on future Port to Plains U.S. Highway 87
  • High ceilings and abundant natural light

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Lubbock, TX

$27.25 /SF/Yr
Avg Asking Price
$2.91–$156 /SF/Yr
Price Range
6,577 SF
Avg Space Size

This space is priced 52% below the average of $27.25 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - The 2017 property combines office and warehouse configurations with truck maneuvering areas and access to U.S. Route 87.
Where is this flex space located?
The property is located at 11616 Hwy 87 Lubbock, TX.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 14,000 SF office warehouse built in 2017; Frontage on future Port to Plains U.S. Highway 87; High ceilings and abundant natural light
More about this property
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