Property profile

6629 Monticello Ave Lubbock, TX 79424

OFF-MARKET
Office Spaces
Property ID
US83-3265766
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Property summary

AI-generated overview

This stunning new construction office building, completed at the end of April 2025, presents a unique investment opportunity in Lubbock, Texas. Located at 6629 Monticello Avenue, the property boasts two completely separate, fully-equipped units, each offering ample space for a variety of professional uses. Each unit includes multiple spacious offices (ten or more, depending on configuration), a dedicated breakroom, and two restrooms. The impressive design features high-end finishes throughout, including luxury baseboards and trim, rounded corners, and exceptionally high ceilings. The front conference room showcases an 18-foot cathedral ceiling, while the remaining space features 10-foot ceilings. This allows for a flexible layout to accommodate various business needs and configurations. The building is ideal for a single professional seeking to occupy one unit and lease the other for supplemental income, or for two separate businesses seeking modern, high-quality office space. The asking price is $998,000. The estimated net operating income (NNN) is $23, with an additional estimated $5 NNN. More photos will be available soon. This property represents an exceptional opportunity to acquire a premium office building in a desirable Lubbock location.

Property profile

Verified
Property type Office Spaces
UPID US83-3265766

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6629 Monticello Ave Lubbock, TX 79424
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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