Single-Tenant Garden
For Sale
Contact for pricing
6022 4th St, Lubbock, TX 79416
Modern single-tenant garden office with 14 private offices, lobby, break area, and two restrooms.
Property Size3,386 SF
Price / SF$285
Days on Market230
Property Features for 6022 4th St
General Information
Standard status
Active
Size
3,386 SF
Class
A
Property subtype
Office
Zoning
HC
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
McDougal Realtors
Listed By:
Ethan Quisenberry · License #TX
(806) 317-0234
Source:
Crexi
Added: Mar 6
Changed: Oct 16
Last Checked: Oct 20 at 8:41PM
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 McDougal Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
6022 4th Street is a single-tenant garden office offering 3,386 square feet of professionally designed space within the 4th Street Garden Offices. The interior includes fourteen private offices, two restrooms, a break area, and a welcoming lobby. The layout is arranged to provide both privacy and efficient workflow for day-to-day operations.
The property is positioned along 4th Street between Milwaukee Avenue and Frankford Avenue, offering visibility and access in a high-traffic corridor. It also provides convenient access to Loop 289 and the Marsha Sharp Freeway.
As a modern, new-construction garden office on this side of Lubbock, the building is suited for businesses seeking a contemporary, client-friendly office environment with dedicated space.
The property is positioned along 4th Street between Milwaukee Avenue and Frankford Avenue, offering visibility and access in a high-traffic corridor. It also provides convenient access to Loop 289 and the Marsha Sharp Freeway.
As a modern, new-construction garden office on this side of Lubbock, the building is suited for businesses seeking a contemporary, client-friendly office environment with dedicated space.
Key Highlights
- 3,386 SF single‑tenant garden office built in 2026
- Fourteen private offices plus lobby, break area, and two restrooms
- Located at 6022 4th Street on 4th Street between Milwaukee Avenue and Frankford Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,479
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,580
$909.6K
Cap Rate 7%
$649,700
$649.7K
Cap Rate 9%
$505,322
$505.3K
Market Conditions
NOI Build-Up for 3,386 SF
Gross rent
$83.3K $24.60/SF
− Vacancy
−$7.5K −$2.21/SF
EGI
$75.8K $22.39/SF
− OpEx
−$30.3K −$8.95/SF
NOI
$45.5K $13.43/SF
Area
Lubbock, TX
Vacancy
9.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,580
Cap Rate 7%
$649,700
Cap Rate 9%
$505,322
Alternative Uses
Best Use
Healthcare Medical
$649.7K
$568.5K – $758.0K
NOI $45,479 @ 7.0% cap · market cap 4.71%
Second Best
Office B
$632.3K
$553.3K – $737.7K
NOI $44,263 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$853.6K
$746.9K – $995.9K
NOI $59,753 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 79416, TX
36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Modern single-tenant garden office with 14 private offices, lobby, break area, and two restrooms.
Where is this office unit located?
The property is located at 6022 4th St Lubbock, TX.
What is the asking price?
The asking price for this property is $965,010.
What are key features of this property?
This property features: 3,386 SF single‑tenant garden office built in 2026; Fourteen private offices plus lobby, break area, and two restrooms; Located at 6022 4th Street on 4th Street between Milwaukee Avenue and Frankford Avenue
