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Parkway Drive Commercial Space Available
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1824 Parkway Drive, Lubbock, TX 79403

Commercial space for rent with high visibility and strong tenants.

Space Size2,800 SF
Days on Market2692

Property Features for 1824 Parkway Drive

General Information

Standard status Active
Size 2,800 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 1824 Parkway Drive
Office/Retail Space for Lease $10/SF/Yr
Size 2,800 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Sublease No
Conveniently located on US 82 frontage near MLK Blvd, this newer built center has high visibility and strong Tenants including Pizza Hut, Parkway Health Mart and Pharmacy, Cricket Wireless, and Community Health Center of Lubbock Renal Care. The suite has a large waiting room, 6 exam rooms/offices, 2 bathrooms, a main office, and an equipment room. The suite could easily be converted to retail or restaurant space. Contact listing agent for more information.
Contact us
Listing Agency: Keller Williams Commercial Lubbock
Listed By: Jeremy Steen · License #685530
Source: Moodyscre
Added: May 27, 2019 Changed: Oct 2 Last Checked: Oct 7 at 11:43AM

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 Keller Williams Commercial Lubbock

Investment Insights

Based on property information with market context.

Located on US 82 frontage near MLK Blvd, this newer center offers high visibility. Current tenants include Pizza Hut, Parkway Health Mart and Pharmacy, Cricket Wireless, and Community Health Center of Lubbock Renal Care. The available suite features a large waiting room, 6 exam rooms/offices, 2 bathrooms, a main office, and an equipment room. The suite is located at 1824 Parkway Dr, Lubbock, TX 79403. The space could be converted to retail or restaurant use.

Key Highlights

  • High visibility location on US 82 frontage near MLK Blvd.
  • Strong tenant mix including Pizza Hut, Parkway Health Mart and Pharmacy, Cricket Wireless, and Community Health Center of Lubbock Renal Care.
  • Newer construction (built in 2009).

Property Analytics

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Current Use

Parkway Pharmacy Pharmacy Pizza Hut Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Parking Lot & Garage Kitchen & Bath Showroom

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79403, TX

15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lubbock, TX

$52.48 /SF/Yr
Avg Asking Price
$12–$288 /SF/Yr
Price Range
4,117 SF
Avg Space Size

This space is priced 81% below the average of $52.48 /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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Commercial space for rent with high visibility and strong tenants.
Where is this medical office space located?
The property is located at 1824 Parkway Drive Lubbock, TX.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: High visibility location on US 82 frontage near MLK Blvd.; Strong tenant mix including Pizza Hut, Parkway Health Mart and Pharmacy, Cricket Wireless, and Community Health Center of Lubbock Renal Care.; Newer construction (built in 2009).
(806) 392-0578 Call to check price and availability
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