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New Flex Space with Overhead Doors
New
For Lease
$10.50 SF/Yr

1515 East 114th Street, Lubbock, TX 79404

Newly constructed commercial space combines dedicated offices with functional warehouse capacity.

Space Size4,000 SF
Days on Market5

Property Features for 1515 East 114th Street

General Information

Standard status Active
Size 4,000 SF
Net Rentable 4,000 SF
Property subtype Industrial
Lease Term NNN

Space & Availability

Available Space 4,000 SF
Contiguous Space 4,000 SF

Additional Details

Office Build-Out 1,500 SF

Building Details

Building Size 4,000 SF
Year Built 2025

Spaces For Lease

at 1515 East 114th Street Contact us

1515 E 114th St $10.50/SF/Yr

Size
4,000 SF
Term
Negotiable
Contact us
Listing Agency: Sago Commercial Real Estate
Listed By: Nick Eyhorn, CCIM, SIOR · License #TX #617811
Source: Sagocre
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 30 at 1:27AM

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 Sago Commercial Real Estate

Investment Insights

Based on property information with market context.

Completed in 2025, this 4,000-square-foot flex property combines a 1,500-square-foot office area with warehouse space. The office component includes six offices and two restrooms, providing a defined administrative area within the larger commercial layout. Two 12-by-14-foot overhead doors support warehouse access and handling needs.

The property is located at 1515 East 114th Street in Lubbock, Texas. Its office-and-warehouse configuration offers a straightforward format for businesses requiring both workspace and storage or operational area under one roof.

Key Highlights

  • 4,000‑square‑foot office/warehouse property constructed in 2025
  • 1,500‑square‑foot office area with six offices
  • Two restrooms included in the office component

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service 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

NNN (Triple Net)
Lease Type
$1.58 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79404, TX

9,956
Population
4,289
Households
2.3
Avg Household Size
38
Median Age
13%
College-Educated
73%
High-School Grad
28.5 sq mi
ZIP Area
349
Density / Sq Mi
$48,642
Median Household Income
$30,654
Median Earnings
$958
Median Rent
$86,300
Median Home Value

Market

Lease Benchmarks for Lubbock, TX

$29.21 /SF/Yr
Avg Asking Price
$5.03–$156 /SF/Yr
Price Range
7,624 SF
Avg Space Size

This space is priced 64% below the average of $29.21 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Newly constructed commercial space combines dedicated offices with functional warehouse capacity.
Where is this flex space located?
The property is located at 1515 East 114th Street Lubbock, TX.
What is the lease rate?
The lease rate is $10.50 SF/Yr.
What are key features of this property?
This property features: 4,000‑square‑foot office/warehouse property constructed in 2025; 1,500‑square‑foot office area with six offices; Two restrooms included in the office component
More about this property
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