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    7008 Salem Ave Lubbock, TX 79424

    Sponsored
    For Lease
    $180 SF/Yr

    Modern Coworking & Office Space Available

    Lot size:
    11,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional Lubbock, Texas property, located at 7008 Salem Ave, offers a unique blend of executive office suites and flexible coworking spaces. The 11,040 square foot building, situated on a 0.72-acre lot (APN R119633), boasts a Class D designation and underwent a significant renovation in 2017, enhancing its appeal and functionality. Built in 1986, the two-story structure provides ample space for various business needs. Currently, 10,000 square feet are available for lease, with options ranging from a minimum of 100 square feet to a maximum contiguous space of 1,000 square feet, catering to businesses of all sizes. The property features 58 parking spaces, ensuring convenient access for tenants and their clients. Its multiple tenancy structure allows for a diverse and vibrant community of professionals. This prime location in Lubbock County, Texas (zip code 79424), offers easy access to major transportation routes and local amenities. The property is ideal for businesses seeking a modern, well-maintained workspace in a thriving Texas city. Inquire today to explore the leasing opportunities and secure your ideal office space within this versatile and well-equipped building.

    Property Features for 7008 Salem Ave

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,040 SF
    Class
    D
    Total Rate
    165600

    Building Details

    Year Built/Renovated
    1986/2017
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 100
    Size
    10,000 SF
    Rate per SF
    $240
    Space
    Floor 1, Suite 100
    Size
    240 SF

    HighLights

    • Prime coworking space in Lubbock, TX.
    • Flexible month‑to‑month memberships, no long‑term leases required.
    • Two convenient locations: 7008 Salem Avenue (Southwest Lubbock) and 1001 Main Street, Suite 400‑401 (Downtown Lubbock).
    • Pricing and details available at www.coworklbk.com.
    • Shared workspace with private office options.
    • Includes bi‑weekly cleaning and high‑speed WiFi; month‑to‑month memberships.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mc Dougal Construction Apartment Rental Agency Heartland Solar Solar Energy Company ConversionEngine Marketing Agency Beacon Investigations & Polygraph, ... Private Investigator Verintegra Security & Investigations Security Guard Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9105364
    Latitude
    33.5293517

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    FAQs

    What type of property is this?
    Coworking space - Modern Coworking & Office Space Available
    Where is this coworking space located?
    The property is located at 7008 Salem Ave Lubbock, TX.
    What is the lease rate?
    The lease rate is $0.00-$240 SF/Yr.
    What are key features of this property?
    This property features: Prime coworking space in Lubbock, TX.; Flexible month-to-month memberships, no long-term leases required.; Two convenient locations: 7008 Salem Avenue (Southwest Lubbock) and 1001 Main Street, Suite 400-401 (Downtown Lubbock).
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    Lubbock, TX 79424
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7008 Salem Ave Lubbock, TX 79424
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