Office for Sale in Lubbock, TX

  • Price: $1.9M
  • Listing type: For sale
  • Asset type: Office
  • Location: Lubbock, TX 79424
  • Size: 5,546 SF
  • Year built: 1980

Description

This NNN-leased dental office investment generates $150,000 in annual net operating income, offering an 8.00% cap rate backed by an established dental operator in one of Lubbock’s most active retail corridors. Surrounded by major destination retailers and dining options, the property benefits from continuous consumer activity and strong area demographics. Recent and planned facade improvements further enhance curb appeal and long-term value. The dental practice has been at this location for five years and has three practice locations. They have just signed a lease for seven years, with (2) five year options. The company is financially stable with strong growth. The Plainview location is also available for a Multi-purchase NNN investment. Building SF: 5546 | Land Size: 0.39 Ac | Year Built: 1980 | Listing Type: FOR SALE

Market Context

This office in Lubbock, TX is listed for sale at $1,875,000 across 5,546 SF ($338/SF). It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1980. It has been on the market for 39 days. Compare it against other office listings for sale in Lubbock, TX — <a href="/search/sale/office/texas/lubbock">view the full market</a>.

Unified Estimate

Medium Confidence

$321.64/SF – $338.08/SF

Mid: $323.60/SF

Total estimate for 5,546 SF: $1,794,686

Rate-first confidence-weighted blend with cost-of-business adjustment.

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