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Flex Space with Climate-Controlled Units
For Lease
$1,025-$1,525/Mo

1604 128th Street, Lubbock, TX 79423

Flex property offering air-conditioned and heated units alongside a larger shop configuration.

Space Size2,400 SF - 3,640 SF
Days on Market284

Property Features for 1604 128th Street

General Information

Standard status Active
Size 2,400 SF - 3,640 SF
Net Rentable 2,400 SF
Total Parking Spaces 3

Space & Availability

Available Space 2,400-3,640 SF
Contiguous Space 3,640 SF

Lease Terms

Monthly Rent $1,025-$1,525
Rent per SF/Year $5.03-$6.38

Taxes and HOA fees

Annual Taxes $13,493

Amenities

AC/Heat

Building Details

Building Size 2,400 SF
Year Built 2020
Buildings 1
Listing Agency: Legendary Dreams Realty, Inc.
Listed By: Kyle Watts · License #0505515
Source: Lubbockhomemarket
Added: Nov 13, 2025 Changed: Aug 17 Last Checked: Aug 23 at 1:21PM

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 Legendary Dreams Realty, Inc.

Investment Insights

Based on property information with market context.

Built in 2020, this flex property includes 2,400-square-foot units with air conditioning and heat, as well as comparable units without those systems. The property also includes a 3,640-square-foot shop without air conditioning or heat, providing multiple space configurations within one commercial offering.

Key Highlights

  • Built in 2020
  • 2,400‑square‑foot units with AC and heat
  • 2,400‑square‑foot units also available without AC and heat

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Grocery & Convenience Store Furniture & Home Goods (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
$0.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby
Well-served
Demand for This Use

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

$26.66 /SF/Yr
Avg Asking Price
$2.91–$156 /SF/Yr
Price Range
7,608 SF
Avg Space Size

This space is priced 79% below the average of $26.66 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex property offering air-conditioned and heated units alongside a larger shop configuration.
Where is this flex space located?
The property is located at 1604 128th Street Lubbock, TX.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Built in 2020; 2,400‑square‑foot units with AC and heat; 2,400‑square‑foot units also available without AC and heat
More about this property
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