6704 Yonkers Avenue Lubbock, TX 79407
7,200 SF NNN leased property in West Business Park.
Property Features for 6704 Yonkers Avenue
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Property subtype
- Office
Listing office NAI Wheelhouse (806) 200-3244
Listing date Nov 21, 2025
Source Naiglobal
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 NAI Wheelhouse
Investment Insights
Based on property information with market context.
Key Highlights
- Brand new 7,200 SF NNN leased property.
- Excellent visibility at the entrance of West Business Park.
- Direct access to major highways, including Marsha Sharp Freeway.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.2k | $21.00 |
| − Vacancy | −$25.7k | −$3.57 |
| EGI | $125.5k | $17.43 |
| − OpEx | −$31.4k | −$4.36 |
| NOI | $94.1k | $13.07 |
