23 Briercroft Office Park, Lubbock, TX
Office building for lease with flexible floor plans and parking.
- Added:
- Nov 24, 2025
- Days on Market:
- 225
- Last Refresh:
- May 20 at 8:35 pm
Property Features for 23 Briercroft Office Park
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 0.50 Acres
- Property subtype
- OFFICE
Listing office Keller Williams Commercial Lubbock (806) 392-0578
Listing date Nov 24, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Commercial Lubbock
HighLights
- Ample private parking with approximately 40 spots
- Flexible single or multi‑tenant occupancy
- Two floors each with approx. 3,250 sq ft
- First floor features multiple private offices, cubicle workstations, and a large break room
- Second floor includes private offices, a large conference room, and open workspace
- Men's and women's restrooms on each floor
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.5k | $21.00 |
| − Vacancy | −$12.5k | −$3.57 |
| EGI | $61.0k | $17.43 |
| − OpEx | −$15.3k | −$4.36 |
| NOI | $45.8k | $13.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.852
- Latitude
- 33.5429
