Office Suite with Six Private
For Sale
Contact for pricing
6307 79th St, Lubbock, TX 79424
Office suite layout includes six private offices, a conference room, break room, two restrooms, and a copy/work room.
Property Size2,342 SF
Price / SF$285
Days on Market568
Property Features for 6307 79th St
General Information
Standard status
Active
Size
2,342 SF
Property subtype
OFFICE
Listing Agency:
WestMark Commercial | TCN Worldwide
(806) 781-3875
Listed By:
Karen Higgins, CCIM · License ##0331521-B
(806) 781-3875
Source:
Moodyscre
Added: Jan 13, 2025
Changed: Jul 30
Last Checked: Aug 4 at 11:30AM
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 WestMark Commercial | TCN Worldwide
Investment Insights
Based on property information with market context.
This office suite is part of a new office development in South Lubbock and is designed around a functional, employee-friendly layout. The space features six private offices and a larger conference room at the front, with easy access to the lobby and reception area. The break room is located toward the rear and is described as fully equipped with ample room for employees.
The suite also includes two separate restrooms and a centrally located copy/work room, supporting day-to-day operations and visitor workflow. Overall, the configuration balances private work areas with shared space for meetings and collaboration.
The property size is 2,342 SF, offering a compact office environment for a range of professional uses.
The suite also includes two separate restrooms and a centrally located copy/work room, supporting day-to-day operations and visitor workflow. Overall, the configuration balances private work areas with shared space for meetings and collaboration.
The property size is 2,342 SF, offering a compact office environment for a range of professional uses.
Key Highlights
- 2,342 SF office suite in a new South Lubbock office development
- Six private offices plus a larger front conference room
- Conference room provides easy access to the lobby and reception area
Financial Insights For Office B
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 | $49.2k | $21.00 |
| − Vacancy | −$8.4k | −$3.57 |
| EGI | $40.8k | $17.43 |
| − OpEx | −$10.2k | −$4.36 |
| NOI | $30.6k | $13.07 |
2,342 SF · lease $21.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$437.4K
$382.7K – $510.3K
NOI $30,616 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$590.4K
$516.6K – $688.8K
NOI $41,330 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suite layout includes six private offices, a conference room, break room, two restrooms, and a copy/work room.
Where is this office units located?
The property is located at 6307 79th St Lubbock, TX.
What is the asking price?
The asking price for this property is $667,470.
What are key features of this property?
This property features: 2,342 SF office suite in a new South Lubbock office development; Six private offices plus a larger front conference room; Conference room provides easy access to the lobby and reception area
