Flex Space with
New
For Lease
$1,495/Mo
5716 40th Street, Lubbock, TX 79407
Commercial Lease, Lubbock, TX
Space SizeContact for details
Lot Size0.87 Acres
Days on Market2
Property Features for 5716 40th Street
General Information
Property type
Commercial Lease
Property subtype
Office
Parking features
Garage, Parking Lot
Lot features
Near Public Transit
Elementary school district
Lubbock ISD
Middle school district
Lubbock ISD
High school district
Lubbock ISD
Subdivision
3
Standard status
Active
APN
R56870
Size
1,680 SF
Lot size
0.87 Acres
Taxes and HOA fees
Tax Description
Keystone L 14-20
Tax Annual Amount
14787
Legal Description
Keystone L 14-20
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Amenities
shower
Building Details
Year built
1983
Floors in Building
1
Flooring type
Vinyl
Building materials
Brick, Metal Siding
Listing Agency:
Williams & Company Real Estate
(806) 860-6945
Listed By:
Dan Williams · License #0550528
(806) 777-1310
Added: Oct 19
Last Checked: Oct 20 at 3:06PM
MLS# 202614304
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.
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Investment Insights
Based on property information with market context.
This 1,680-square-foot flex property combines reception space, a private office, a larger open area, and a warehouse with an overhead door. The restroom includes a shower. Brick and metal siding, vinyl flooring, central air conditioning, and central natural gas heat are listed among the building features. The property was built in 1983.
The 0.87-acre property is near 40th Street and Frankford Avenue, with access to the West Loop. Public water and sewer serve the site, and parking is available in a lot and garage.
The 0.87-acre property is near 40th Street and Frankford Avenue, with access to the West Loop. Public water and sewer serve the site, and parking is available in a lot and garage.
Key Highlights
- 1,680‑square‑foot flex property with office and warehouse areas
- Warehouse includes an overhead door
- Restroom has a shower
Property Analytics
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Current Use
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
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Lubbock, TX
$24.98 /SF/Yr
Avg Asking Price
$3.45–$156 /SF/Yr
Price Range
7,172 SF
Avg Space Size
This space is priced 57% below the average of $24.98 /SF/Yr.
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office areas, a warehouse, and a restroom with shower support a range of work functions.
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‑foot flex property with office and warehouse areas; Warehouse includes an overhead door; Restroom has a shower
