6701 Aberdeen Avenue Lubbock, TX 79424
COMMERCIAL - Lubbock, TX
Property Features for 6701 Aberdeen Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- R91858
- Size
- 27,032 SF
- Lot size
- 2.30 Acres
Taxes and HOA fees
- Tax Description
- Sentry Park Tr D-1-A & D-1-B & D-1-C
- Tax Annual Amount
- 38220
Building Details
- Year built
- 1985
- Floors in Building
- 1
Listing agent Amy Cox License #0667992 (806) 543-6095
Listing office ALL Real Estate, LLC 2529 74th Street, Lubbock, TX (806) 543-6095
Listing date Jul 15, 2026
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.
Investment Insights
Based on property information with market context.
Situated just off Slide Road and Loop 289, the building benefits from convenient access for tenants and visitors. The surrounding area includes established businesses such as Hobby Lobby and Embassy Suites, along with Quarter Four and a mix of restaurants, retail centers, hotels, and professional offices.
Set on approximately 2.3 acres, the property presents a stabilized configuration with multiple office units under one ownership structure.
Key Highlights
- 1985‑built multi‑tenant commercial office building totaling approximately 27,032 SF
- 11 professional suites with the property currently approximately 92% occupied
- Located just off Slide Road and Loop 289 for convenient tenant and visitor access
Local 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 | $567.7k | $21.00 |
| − Vacancy | −$96.5k | −$3.57 |
| EGI | $471.2k | $17.43 |
| − OpEx | −$117.8k | −$4.36 |
| NOI | $353.4k | $13.07 |
