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Conditioned Flex Warehouse

3208 118TH ST, Lubbock, TX 79423

For Lease
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Leased as flex space, the property combines conditioned shop area with office, reception, and kitchen space.

Space Size5,200 SF
Lot Size0.56 Acres
Days on Market16

Property Features for 3208 118TH ST

General Information

Standard status Active
Size 5,200 SF
Net Rentable 5,200 SF
Total Parking Spaces 8
Lot size 0.56 Acres
Property subtype Industrial, Land
Zoning HC

Space & Availability

Available Space 5,200 SF
Contiguous Space 5,200 SF
Space Use Flex

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Warehouse Space 3,640 SF
Conditioned Warehouse Yes
Warehouse Heated Yes

Building Details

Building Size 5,200 SF

Spaces For Lease

at 3208 118TH ST
Space 1 Active
Size 5,200 SF
Contact us
Listing Agency: Coldwell Banker Commercial Capital Advisors
Listed By: Jef Conn
Source: Crexi
Added: Oct 27 Changed: Nov 8 Last Checked: Nov 10 at 8:54AM

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 Coldwell Banker Commercial Capital Advisors

Rey
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Investment Insights

Based on property information with market context.

This 5,200-SF flex property includes a 3,640-SF shop measuring 56' x 65', served by two 14' x 14' overhead doors. The shop is fully conditioned with HVAC. Office improvements include three offices, a reception area, and a fourth room that can function as an office or conference room. A kitchen with wet bar and two bathrooms are also provided.

The 0.56-acre tract has Heavy Commercial (HC) zoning. The site includes a fenced stack lot with solid R-panel fencing and eight off-street parking spaces. The property is available for lease.

Key Highlights

  • 5,200 SF flex property with a 3,640 SF shop
  • Shop measures 56' x 65' and has two 14' x 14' overhead doors
  • Three offices, reception area, and an additional office or conference room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Hair Salon 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

Yes
Fenced yard
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

302
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

$23.95 /SF/Yr
Avg Asking Price
$3.45–$156 /SF/Yr
Price Range
6,587 SF
Avg Space Size

Average Price Trend$/SF/Yr for Flex space in Lubbock, TX

$26.29 Jul
$27.14 Aug
$25.35 Sep
$23.94 Oct

Properties on Market for Flex space in Lubbock

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • H-E-B — 4405 114th St, Lubbock, TX 79424

Frequently Asked Questions

What type of property is this?
Flex space - Leased as flex space, the property combines conditioned shop area with office, reception, and kitchen space.
Where is this flex space located?
The property is located at 3208 118TH ST Lubbock, TX.
What are key features of this property?
This property features: 5,200 SF flex property with a 3,640 SF shop; Shop measures 56' x 65' and has two 14' x 14' overhead doors; Three offices, reception area, and an additional office or conference room
(806) 784-3216 Call to check price and availability
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