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Freestanding Office Building
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5609 114th Street, Lubbock, TX 79424

Freestanding office building under construction with a large lobby, reception, conference room, and 12 offices.

Property SizeContact for details
Days on Market135

Property Features for 5609 114th Street

General Information

Standard status Active
Property subtype Office

Additional Details

Office Units 12

Amenities

pre-wiring with CAT-5 cabling
large entry/lobby and reception area
large conference room
break room
two ADA-compatible restrooms
multiple storage areas

Building Details

Year Built 2020
Listing Agency: Coldwell Banker Commercial Capital Advisors
Listed By: Scott Womack · License #TX 437816
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:06PM

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 Coldwell Banker Commercial Capital Advisors

Investment Insights

Based on property information with market context.

This freestanding office building is under construction in Stonewood Office Park, with completion targeted for December 2020. The planned layout includes a large entry/lobby and reception area, 12 offices, a large executive conference room, and a break room. Multiple storage areas are also included, along with two ADA-compatible restrooms. Designer finishes and modern interior features are planned throughout the project.

The building is located east of Frankford Avenue on the south side of 114th Street in southwest Lubbock, in a rapidly growing area. The design includes pre-wiring with CAT-5 cabling to support communications and technology needs.

With high ceilings and a modern floorplan, the space is configured to support a professional office environment with dedicated meeting and office rooms.

Key Highlights

  • Freestanding office building under construction in Stonewood Office Park, scheduled for completion December 2020
  • Includes large entry/lobby and reception area plus a large executive conference room
  • 12 offices with high ceilings and a modern floorplan

Property Analytics

Current Use

Theerapol Prasertsuntarasai Medical Clinic West Texas Arthritis ... Medical Clinic

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Restaurant Pharmacy Electrical 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

12
Office units

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 79424, TX

53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value

Market

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 building - Freestanding office building under construction with a large lobby, reception, conference room, and 12 offices.
Where is this office building located?
The property is located at 5609 114th Street Lubbock, TX.
What are key features of this property?
This property features: Freestanding office building under construction in Stonewood Office Park, scheduled for completion December 2020; Includes large entry/lobby and reception area plus a large executive conference room; 12 offices with high ceilings and a modern floorplan
(806) 784-3265 Call to check price and availability
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