7703 69th Street Lubbock, TX 79407
Office and warehouse property with fenced stackyard in West Business Park.
Property Features for 7703 69th Street
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2024
Listing office NAI Wheelhouse (806) 200-3244
Listing date Nov 21, 2025
Source Naiglobal
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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
- 3,650 SF warehouse featuring 15’ overhead doors
- 19,180 SF fenced stackyard
- Excellent location near Marsha Sharp Freeway for easy regional access
Local Financial Insights For Warehouse
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 | $104.4k | $17.40 |
| − Vacancy | −$7.8k | −$1.31 |
| EGI | $96.6k | $16.10 |
| − OpEx | −$14.5k | −$2.41 |
| NOI | $82.1k | $13.68 |
