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Five-Unit Office Building
New
For Sale
$1,850,000

3331 70th Street, Lubbock, TX 79413

Four suites are leased, with one available for an occupant or an additional tenant.

Property Size10,800 SF
Price / SF$880.95
Days on Market6

Property Features for 3331 70th Street

General Information

Standard status Active
Size 10,800 SF
Class A
Property subtype Office
Occupancy 80%
Net Operating Income $146,733

Additional Details

Road Access Yes
Office Units 5

Building Details

Building Size 10,800 SF
Year Built 1978
Tenancy Multi
Owner Occupied No
Listing Agency: WestMark Commercial | TCN Worldwide
Listed By: Karen Higgins, CCIM · License #TX #0331521-B
Source: Westmarkcommercial
Added: Sep 28 Last Checked: Oct 2 at 7:19PM

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 | TCN Worldwide

Investment Insights

Based on property information with market context.

This office property comprises five individual units and approximately 2,100 square feet of office space. Four units are leased, while the remaining unit is available for lease or occupancy by an owner-user. The building was constructed in 1978 and has been updated.

Access to Indiana Avenue and the South Loop 289 frontage road is available from this centrally situated office location.

Key Highlights

  • Five individual office units
  • Approximately 2,100+/- square feet of office space
  • Four units leased; one unit available for lease or owner‑user occupancy

Property Analytics

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Current Use

DePelchin Children’s Center ... Foster Care Service Living Waters Wellness ... Alternative Medicine Practice Eucalyptus Lane Gym & Fitness Center Loreann Ranee, LMT Alternative Medicine Practice Spherion Staffing & Recruiting Employment Agency

Suggested Use

Top Pick Building Supply Restaurant Law Firm Parking Lot & Garage Kitchen & Bath Showroom 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

5
Office units
80%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,153
Businesses Nearby

Demographics for 79413, TX

20,962
Population
9,590
Households
2.2
Avg Household Size
35
Median Age
35%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
4,460
Density / Sq Mi
$67,062
Median Household Income
$38,004
Median Earnings
$1,325
Median Rent
$195,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Four suites are leased, with one available for an occupant or an additional tenant.
Where is this office building located?
The property is located at 3331 70th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Five individual office units; Approximately 2,100+/- square feet of office space; Four units leased; one unit available for lease or owner‑user occupancy
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