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Flex Space with Warehouse Door
For Lease
$1,495/Mo

5716 40th Street, Lubbock, TX 79407

A reception area, private office, and adaptable work area complement the warehouse portion of this rental property.

Space SizeContact for details
Days on Market17

Property Features for 5716 40th Street

General Information

Standard status Active

Additional Details

Space Use Flex
Highway Access Yes

Taxes and HOA fees

Annual Taxes $14,787
Listing Agency: Williams & Company Real Estate
Listed By: Dan Williams · License #0550528
Source: Exprealty
Added: Oct 19 Changed: Oct 25 Last Checked: Nov 3 at 7:58AM

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 Williams & Company Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 1,680-square-foot flex property combines office and warehouse areas. The office layout includes a reception space, a private office, and an additional open area. A restroom with a shower and an overhead warehouse door are also on site.

The property is near 40th Street and Frankford Avenue, with direct access to the West Loop.

Key Highlights

  • 1,680 square feet of combined office and warehouse space
  • Reception area, private office, and additional open flex area
  • Restroom equipped with a shower

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lubbock Roofing Pros – Roofing Company

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Spa & Massage Center Parking Lot & Garage Skin Care Clinic

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
NNN (Triple Net)
Lease Type
$1.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

355
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79407, TX

23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lubbock, TX

$22.57 /SF/Yr
Avg Asking Price
$3.45–$156 /SF/Yr
Price Range
6,713 SF
Avg Space Size

This space is priced 53% below the average of $22.57 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Flex space - A reception area, private office, and adaptable work area complement the warehouse portion of this rental property.
Where is this flex space located?
The property is located at 5716 40th Street Lubbock, TX.
What is the lease rate?
The lease rate is $1,495/Mo.
What are key features of this property?
This property features: 1,680 square feet of combined office and warehouse space; Reception area, private office, and additional open flex area; Restroom equipped with a shower
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