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Double Unit Office Spaces with Overhead Doors
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124th & University, Lubbock, TX 79423

Two fully finished office suites with heating and air conditioning, one restroom, and tiled floors with overhead loading access.

Space Size1,250 SF
Days on Market2953

Property Features for 124th & University

General Information

Standard status Active
Size 1,250 SF
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 124th & University Contact us

South University Warehouse Space $2,000/Mo

Size
1,250 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
Sublease
No
Double Unit Office Spaces 2 & 3: 1,250 SF @ $2,000 / MO * Suites 2 & 3 are Fully...
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Listing Agency: Westar Commercial Realty
Listed By: Kevin Watt · License #461347
Source: Moodyscre
Added: Jul 24, 2018 Changed: Aug 8 Last Checked: Aug 23 at 6:08AM

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 Westar Commercial Realty

Investment Insights

Based on property information with market context.

This listing offers double unit office spaces, Suites 2 and 3, totaling 1,250 SF. The suites are fully heated and air conditioned and come nicely finished out. Each suite includes one restroom and the spaces cannot be divided.

The property has front visibility and concrete drives to all bays or units, providing straightforward access for visitors and daily operations. The office and restroom floors are finished with tile. Exterior access includes 10x12 overhead doors, and the units are served with 110/220 service. Convenient access is provided to FM 1585 and HWY 87/I-27 to the south Lubbock area. The property is outside city limits.

Previously used as a photography studio, the layout is suited to office use requiring dedicated working space and straightforward building access.

Key Highlights

  • 1,250 SF double unit office configuration (Suites 2 and 3)
  • Fully heated and air conditioned office space
  • One restroom per suite and tiled office/restroom floors

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Furniture & Home Goods Spa & Massage Center Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$2.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby

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

$26.63 /SF/Yr
Avg Asking Price
$3.75–$288 /SF/Yr
Price Range
4,808 SF
Avg Space Size

This space is priced 28% below the average of $26.63 /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?
Office units - Two fully finished office suites with heating and air conditioning, one restroom, and tiled floors with overhead loading access.
Where is this office units located?
The property is located at 124th & University Lubbock, TX.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 1,250 SF double unit office configuration (Suites 2 and 3); Fully heated and air conditioned office space; One restroom per suite and tiled office/restroom floors
(806) 797-3231 Call to check price and availability
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