Single-Tenant Garden
6022 4th St Lubbock, TX 79416
6022 4th St, Lubbock, TX, 79416
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For Sale
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Modern single-tenant garden office with 14 private offices, lobby, break area, and two restrooms.
Property Size3,386 SF
Price / SF$285
Days on Market137
Property Features for 6022 4th St
General Information
- Standard status
- Active
- Size
- 3,386 SF
- Property subtype
- Office
Building Details
- Year Built
- 2026
Listing Agency
McDougal Realtors
(806) 317-0234
Listed by
Ethan Quisenberry · License #TX
Source
Crexi
Added: Mar 6 Updated: Jul 20 at 4:25 pm Checked: Jul 20 at 4:25 pm
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
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
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.3k | $24.60 |
| − Vacancy | −$7.5k | −$2.21 |
| EGI | $75.8k | $22.39 |
| − OpEx | −$30.3k | −$8.95 |
| NOI | $45.5k | $13.43 |
3,386 SF · lease $24.60/SF/yr · vacancy 9.00% · expense 40.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Modern single-tenant garden office with 14 private offices, lobby, break area, and two restrooms.
Where is this office units 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
