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Flex Space with Highway Frontage
For Lease
$13 SF/Yr

11616 Hwy 87, Lubbock, TX 79423

Commercial Lease, Lubbock, TX

Space Size14,000 SF
Lot Size1.16 Acres
Days on Market56

Property Features for 11616 Hwy 87

General Information

Property type Commercial Lease
Property subtype Other
Elementary school district Lubbock-Cooper ISD
Middle school district Lubbock-Cooper ISD
High school district Lubbock-Cooper ISD
Subdivision 11
Standard status Active
APN R332416
Size 14,000 SF
Lot size 1.16 Acres

Taxes and HOA fees

Tax Description Blk E Sec 14 Ab 495 Tr A11b Acs: 1.163
Tax Annual Amount 11494
Legal Description Blk E Sec 14 Ab 495 Tr A11b Acs: 1.163

Amenities

Advanced security features
Professional property management and maintenance services

Building Details

Year built 2017
Listing Agency: WestMark Companies
Listed By: Elbert Wuthrich · License #0653098
Added: Jul 23 Changed: Aug 19 Last Checked: Sep 16 at 5:06PM
MLS# 202610228

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.

This 14,000-square-foot flex property combines office and warehouse areas within a 2017-built facility. The configuration is designed for industrial operations, with high ceilings, abundant natural light, efficient utility infrastructure, and security features. On-site parking and truck maneuvering areas support day-to-day use, while professional property management and maintenance services are also provided.

Located at 11616 Hwy 87 in Lubbock, the property has frontage on U.S. Highway 87 and access to the future Port to Plains corridor. The 1.16-acre site is positioned near the Lubbock Industrial Area, with dining and retail options in the surrounding area. The property is available for lease with flexible leasing options.

Key Highlights

  • 14,000 square feet of office warehouse space
  • 1.16‑acre site with frontage on U.S. Highway 87
  • Built in 2017

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service

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

102
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lubbock, TX

$26.18 /SF/Yr
Avg Asking Price
$5.03–$156 /SF/Yr
Price Range
7,290 SF
Avg Space Size

This space is priced 50% below the average of $26.18 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas provide adaptable space for industrial operations, with room for parking and truck maneuvering.
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 square feet of office warehouse space; 1.16‑acre site with frontage on U.S. Highway 87; Built in 2017
More about this property
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