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Office/Warehouse Space in Legacy Park
For Lease
$13 SF/Yr

3201 116th St, Lubbock, TX 79423

10,000 SF flexible office/warehouse space in South Lubbock.

Space SizeContact for details
Property Size10,000 SF
Days on Market125

Property Features for 3201 116th St

General Information

Standard status Active
Size 10,000 SF
Property subtype Industrial
Listing Agency: NAI Wheelhouse
Listed By: Jax Collier
Source: Naiglobal
Added: Apr 2 Changed: Jul 10 Last Checked: Aug 4 at 5:30AM

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 NAI Wheelhouse

Investment Insights

Based on property information with market context.

This 10,000 square foot office/warehouse space is located within Legacy Range Business Park in South Lubbock. The property is situated off 116th Street, providing immediate access to Indiana Avenue and other major roadways. The space includes a mix of office and warehouse components, designed to accommodate a range of users and tailored to fit specific operational needs. The property is located in one of Lubbock’s fastest-growing corridors, offering accessibility and functionality for businesses looking to expand or establish a presence in the market.

Key Highlights

  • 10,000 SF office/warehouse space available.
  • Prime South Lubbock location off 116th Street.
  • Immediate access to Indiana Avenue and major roadways.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Big Box & Wholesale Store Grocery & Convenience 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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby
Under-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

$27.25 /SF/Yr
Avg Asking Price
$2.91–$156 /SF/Yr
Price Range
6,577 SF
Avg Space Size

This space is priced 52% below the average of $27.25 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 10,000 SF flexible office/warehouse space in South Lubbock.
Where is this flex space located?
The property is located at 3201 116th St Lubbock, TX.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 10,000 SF office/warehouse space available.; Prime South Lubbock location off 116th Street.; Immediate access to Indiana Avenue and major roadways.
More about this property
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