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Flex Space with Grade-Level Doors
For Lease
$12 SF/Yr

3204 118th Street, Lubbock, TX 79423

Commercial Lease, Lubbock, TX

Space SizeContact for details
Lot Size0.57 Acres
Days on Market229

Property Features for 3204 118th Street

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning C-4
Parking 9
Parking features Oversize
Fencing Fenced, Privacy
Elementary school district Lubbock-Cooper ISD
Middle school district Lubbock-Cooper ISD
High school district Lubbock-Cooper ISD
Subdivision 7
Standard status Active
APN R353195
Size 5,200 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description Triple C Business Park Tr A
Legal Description Triple C Business Park Tr A

Utilities

Sewer type Septic Tank
Heating system Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 2025
Floors in Building 1
Listing Agency: Day & Co.
Listed By: Taylor Carmona · License #0659847
Added: Feb 20 Changed: Oct 2 Last Checked: Oct 7 at 12:06PM
MLS# 202602339

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Available for lease, this 5,200-square-foot flex property combines office and warehouse functions within a steel-frame building. The office component includes private offices, a conference room, and a break area, along with luxury vinyl tile flooring, high ceilings, and 8-foot doors. A 6-inch concrete slab supports the warehouse area, which includes two grade-level overhead doors measuring 14 feet by 14 feet.

The property sits at 3204 118th Street in Lubbock, Texas, on a fully fenced site with privacy fencing, oversized parking, truck maneuvering space, and outdoor storage potential. C-4 zoning, natural gas heat, electric cooling, public water, and a septic tank are also reported. The building was constructed in 2025 and is designed for a combination of office administration and warehouse activity.

Key Highlights

  • 5,200 SF flex property with office and warehouse components
  • Two 14' x 14' grade‑level overhead doors
  • Steel‑frame construction with a 6‑inch concrete slab

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Big Box & Wholesale Store Electrical 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

2
Drive-in doors
Yes
Fenced yard
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lubbock, TX

$25.44 /SF/Yr
Avg Asking Price
$3.45–$156 /SF/Yr
Price Range
7,267 SF
Avg Space Size

This space is priced 53% below the average of $25.44 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas support professional operations, deliveries, and equipment handling.
Where is this flex space located?
The property is located at 3204 118th Street Lubbock, TX.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,200 SF flex property with office and warehouse components; Two 14' x 14' grade‑level overhead doors; Steel‑frame construction with a 6‑inch concrete slab
More about this property
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