Flex Space with Office-Warehouse
For Lease
$1,107,000 NNN
3216 116th St, Lubbock, TX 79423
Modern commercial configuration combines private offices, warehouse capacity, and a secured stack yard.
Space Size6,762 SF
Days on Market92
Property Features for 3216 116th St
General Information
Standard status
Active
Size
6,762 SF
Net Rentable
6,762 SF
Property subtype
Industrial
Lease Type
NNN
Space & Availability
Available Space
6,762 SF
Contiguous Space
6,762 SF
Space Use
Office/Warehouse
Additional Details
Lease Term
36 months
Amenities
secured stack yard
Building Details
Building Size
6,762 SF
Year Built
2025
Listing Agency:
WestMark Commercial
(806) 776-2833
Listed By:
Karen Higgins, CCIM · License #TX #0331521-B
Source:
Westmarkcommercial
Added: Jun 2
Changed: Aug 31
Last Checked: Aug 31 at 2:05PM
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 WestMark Commercial
Investment Insights
Based on property information with market context.
Built in 2025, this ±6,762 SF flex property combines approximately ±2,762 SF of office area with ±4,000 SF of warehouse space. The office component provides seven private offices, a break room, and two restrooms, while the warehouse area supports operational and storage functions. A secured stack yard is located behind the building.
The property is near the Indiana Ave. and 116th Street intersection in South Lubbock. A 3 Year NNN lease is in place, with annual escalations, providing an established lease structure for the asset.
The property is near the Indiana Ave. and 116th Street intersection in South Lubbock. A 3 Year NNN lease is in place, with annual escalations, providing an established lease structure for the asset.
Key Highlights
- ±6,762 SF office/warehouse building completed in 2025
- Approximately ±2,762 SF of office space and ±4,000 SF of warehouse area
- Seven private offices, dedicated break room, and two restrooms
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$27.99 /SF/Yr
Avg Asking Price
$5.16–$156 /SF/Yr
Price Range
7,186 SF
Avg Space Size
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Modern commercial configuration combines private offices, warehouse capacity, and a secured stack yard.
Where is this flex space located?
The property is located at 3216 116th St Lubbock, TX.
What is the lease rate?
The lease rate is $1,107,000.
What are key features of this property?
This property features: ±6,762 SF office/warehouse building completed in 2025; Approximately ±2,762 SF of office space and ±4,000 SF of warehouse area; Seven private offices, dedicated break room, and two restrooms
