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Flex Facility with Commercial Kitchen
For Sale
$4,500,000

5505 132nd Street, Lubbock, TX 79424

Commercial Sale, Lubbock, TX

Property Size39,970 SF
Lot Size2.04 Acres
Price / SF$112.58
Days on Market212

Property Features for 5505 132nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning NC
Security features Security System
Lot features Corner Lot
Elementary school district Lubbock-Cooper ISD
Middle school district Lubbock-Cooper ISD
High school district Lubbock-Cooper ISD
Directions 132nd and Chicago. If you use google maps be sure and put in the zip code
Subdivision 11
Standard status Active
APN R325706
Size 39,970 SF
Lot size 2.04 Acres

Taxes and HOA fees

Tax Description Huffines Business Park Tr S & T
Tax Annual Amount 74135
Legal Description Huffines Business Park Tr S & T

Utilities

Sewer type Septic Tank
Heating system Central, Natural Gas
Cooling system Electric, Multi Units

Amenities

on-site restaurant/commercial kitchen
upstairs viewing area

Building Details

Year built 2017
Flooring type Concrete, Tile - Ceramic, Vinyl
Building materials Aluminum Siding, Brick, Metal Siding
Roof type Metal
Listing Agency: Realty Refined · RE/MAX International
Listed By: Scott Toman · License #0468252
Added: Mar 10 Changed: Oct 2 Last Checked: Oct 7 at 7:06PM
MLS# 202603152

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 39,970-square-foot flex facility occupies 2.04 acres and was built in 2017, with an expansion completed in 2022. The property combines warehouse space with professional offices and an on-site restaurant and commercial kitchen area. An upstairs viewing area overlooks the main floor, adding a distinctive feature for uses that require visibility between levels. Interior finishes include concrete, vinyl, and ceramic tile flooring, while central natural-gas heating and multi-unit electric cooling serve the building.

Located at 5505 132nd Street in Southwest Lubbock, the property sits south of Loop 88 and is zoned NC. The site uses a septic tank and has a metal roof. The current athletic user is expected to relocate, providing a change-of-use opportunity for a new occupant or owner.

Key Highlights

  • 39,970‑square‑foot flex facility on 2.04 acres
  • Built in 2017 with an expansion completed in 2022
  • Warehouse, professional office, restaurant, and commercial kitchen areas

Property Analytics

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Current Use

Little Creek at TexStar Training Center TexStar Adventure Playhouse Family Recreation Center The Watering Hole at TexStar Restaurant

Suggested Use

Top Pick Restaurant Law Firm Shopping Center & Mall Discount Store Food Market Bed & Breakfast

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79424, TX

53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Heart and Soul Cuisine — 5511 126th St, Lubbock, TX 79424

Frequently Asked Questions

What type of property is this?
Flex space - Versatile industrial property with professional offices, warehouse space, and an on-site restaurant area.
Where is this flex space located?
The property is located at 5505 132nd Street Lubbock, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 39,970‑square‑foot flex facility on 2.04 acres; Built in 2017 with an expansion completed in 2022; Warehouse, professional office, restaurant, and commercial kitchen areas
More about this property
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