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Medical Office Building
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3601 21st St, Lubbock, TX 79410

Fully leased to Covenant Health System under an absolute-net structure.

Property Size20,880 SF
Days on Market145

Property Features for 3601 21st St

General Information

Standard status Active
Size 20,880 SF
Property subtype Office, Retail
Occupancy 100%

Building Details

Buildings 1
Building Size 20,880 SF
Tenancy Single
Owner Occupied No
Listing Agency: JLL - Irvine (Orange County), California
Listed By: Nick Foster · License #CA 01831851
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 9:24PM

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 JLL - Irvine (Orange County), California

Investment Insights

Based on property information with market context.

The property is a 20,880-square-foot medical office building in Lubbock, Texas. The offering includes the fee simple interest in the facility, which is occupied under a 100% absolute-net lease by Covenant Health System.

Covenant Health System is a wholly owned sub-network of Providence St. Joseph, rated Aa3 by Moody’s. The healthcare provider holds 60% market share in Lubbock and is identified as the largest healthcare institution in West Texas. The property is located at 3601 21st St.

Key Highlights

  • 20,880‑square‑foot medical office building
  • 100% absolute‑net lease to Covenant Health System
  • Fee simple interest included in the offering

Property Analytics

Current Use

Chadwick D. Beaver, ... Physician Stephen Grupke, MD Physician Stuart Riggins Physician Jonathan P. Mannas, ... Physician Sixtus Atabong, PA Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC 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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,541
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79410, TX

8,615
Population
4,736
Households
1.8
Avg Household Size
29
Median Age
47%
College-Educated
91%
High-School Grad
2.4 sq mi
ZIP Area
3,590
Density / Sq Mi
$48,350
Median Household Income
$29,637
Median Earnings
$1,315
Median Rent
$211,300
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully leased to Covenant Health System under an absolute-net structure.
Where is this medical office space located?
The property is located at 3601 21st St Lubbock, TX.
What are key features of this property?
This property features: 20,880‑square‑foot medical office building; 100% absolute‑net lease to Covenant Health System; Fee simple interest included in the offering
More about this property
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