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Flex Space with Office Component
New
For Lease
$6.75 SF/Yr

3509 Globe Ave, Lubbock, TX 79404

Combined office, warehouse, and yard areas support varied commercial operations near 34th Street.

Space Size16,129 SF
Days on Market2

Property Features for 3509 Globe Ave

General Information

Standard status Active
Size 16,129 SF
Property subtype Industrial
Lease Term NNN

Property Condition

Severity Repairs Needed
Evidence owner planning a full refresh of the office area

Additional Details

Outdoor Storage Yes
Office Build-Out 3,389 SF

Amenities

conference room
breakroom

Building Details

Building Size 16,129 SF
Year Built 1985

Spaces For Lease

at 3509 Globe Ave Contact us

16,129 SF Available $6.75/SF/Yr

Size
16,129 SF
Term
Negotiable
Contact us
Listing Agency: NAI Wheelhouse
Listed By: Joe Magby
Source: Naiglobal
Added: Sep 2 Last Checked: Sep 2 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 NAI Wheelhouse

Investment Insights

Based on property information with market context.

Built in 1985, this flex-space property combines office accommodations with warehouse and yard areas at 3509 Globe Ave in Lubbock. The office portion contains 3,389 square feet with seven private offices, a conference room, breakroom, and two restrooms.

The owner plans a full refresh of the office area, providing a defined update scope for the existing administrative portion. The property is positioned near 34th Street and is suited to users needing a blend of workspace, storage, and exterior operating area.

Key Highlights

  • 3,389 SF of office space within a flex‑space property
  • Seven private offices plus a large conference room
  • Breakroom and two restrooms included in the office area

Property Analytics

Current Use

L.T. Kincer Company Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Pharmacy

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

NNN (Triple Net)
Lease Type
$1.01 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79404, TX

9,956
Population
4,289
Households
2.3
Avg Household Size
38
Median Age
13%
College-Educated
73%
High-School Grad
28.5 sq mi
ZIP Area
349
Density / Sq Mi
$48,642
Median Household Income
$30,654
Median Earnings
$958
Median Rent
$86,300
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

This space is priced 76% below the average of $27.99 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Combined office, warehouse, and yard areas support varied commercial operations near 34th Street.
Where is this flex space located?
The property is located at 3509 Globe Ave Lubbock, TX.
What is the lease rate?
The lease rate is $6.75 SF/Yr.
What are key features of this property?
This property features: 3,389 SF of office space within a flex‑space property; Seven private offices plus a large conference room; Breakroom and two restrooms included in the office area
More about this property
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