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Flex Space with Warehouse Access
For Lease
$6,000/Mo

3206 118th Street, Lubbock, TX 79423

Commercial Lease, Lubbock, TX

Space SizeContact for details
Lot Size0.57 Acres
Days on Market67

Property Features for 3206 118th Street

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning HC
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 R353201
Size 5,200 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description Triple C Business Park Tr G
Tax Annual Amount 1920
Legal Description Triple C Business Park Tr G

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: Aug 2 Changed: Oct 2 Last Checked: Oct 7 at 12:06PM
MLS# 202611494

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.

This 5,200-square-foot flex facility combines finished office space with warehouse capacity at 3206 118th Street. The office area includes private offices, a conference room, and a break area, with luxury vinyl tile flooring, high ceilings, and 8' doors. A steel-frame structure and 6-inch concrete slab support the building’s industrial configuration.

The warehouse includes two grade-level 14' x 14' overhead doors for equipment movement and deliveries. The property is fenced and includes oversize parking, truck maneuvering space, and outdoor storage areas. Natural gas heating, electric cooling, public water, and a septic tank serve the facility. Its South Lubbock setting provides access to major thoroughfares for employees, clients, and logistics operations.

Key Highlights

  • 5,200 SF flex facility with office and warehouse areas
  • Two grade‑level 14' x 14' 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 Electrical Service Big Box & Wholesale 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

2
Drive-in doors
Yes
Fenced yard
NNN (Triple Net)
Lease Type
$2.08 /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
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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 46% 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
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas support administrative work and equipment handling.
Where is this flex space located?
The property is located at 3206 118th Street Lubbock, TX.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: 5,200 SF flex facility with office and warehouse areas; Two grade‑level 14' x 14' overhead doors; Steel‑frame construction with a 6‑inch concrete slab
More about this property
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