3508 22nd Pl Lubbock, TX 79410
Well-maintained medical office in central Lubbock location.
- Added:
- Jan 22, 2026
- Days on Market:
- 173
- Last Refresh:
- May 22 at 2:48 am
Property Features for 3508 22nd Pl
General Information
- Standard status
- Active
- Size
- 2,135 SF
Listing office Keller Williams Realty (806) 368-1066
Listing date Jan 22, 2026
Source Exprealty
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Central Lubbock location with excellent visibility.
- Functional layout ideal for medical, therapy, or professional office use.
- Spacious reception and waiting area with abundant natural light and fireplace.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.5k | $24.60 |
| − Vacancy | −$4.7k | −$2.21 |
| EGI | $47.8k | $22.39 |
| − OpEx | −$19.1k | −$8.95 |
| NOI | $28.7k | $13.43 |
