3610 34th Street, Lubbock, TX 79410
$760,000





































Property Type:
Commercial Sale
Square Footage:
5,933
Lot Size (sq. ft.):
23,280
Status:
Active
Current Price:
$760,000
List Date:
8/21/2025
Last Modified:
8/21/2025
Description
Class A Central Lubbock Office Building. Can be owner occupied or investment opportunity. 20 Private offices, 2 large conference rooms, breakroom, 2 ADA bathrooms. 30 Dedicated parking spaces with an additional 9 parking spaces available at no cost next door to the West. Plus 2 large exterior storage buildings that could be leased.
Current monthly gross rent is $8,085 from 16 rented offices and 4 virtual offices. Currently 4 vacant offices available to lease at $500/month which would add $2,000 per month in gross rent. Only 5 offices have leases that end between 2/28/26 and 7/31/26. So this could be an owner occupied building or half owner occupied and half income generating or a full income generating investment. All current tenants have been in place for at least a year with no plans to move. 2 Years rental history with consistently 80%+ occupancy. Price is based on 2 years average NOI and a 8.5% cap rate.
Remodel completed in 2022 with no expense spared. TPO Roof with 3in foam iso board insulation w/transferable warranty, 2 - 5 Ton roof HVAC units are ultra efficient. Electric bill for July 2025 was less than $800. Interior was 100% redone including all electrical wiring, plumbing lines, LED lighting, polished concrete flooring. Building features a Verkada controlled access system with a lot of customization and options for add-on features. Building is fully wired with CAT6 to each individual office plus wireless APs throughout building for very reliable wireless service. Eufy full wireless camera system for exterior security is solar powered and AI to track faces and monitor familiar vs strangers.
If buyer is interested in keeping the Social Lofts brand and continue to lease offices, seller is willing to transfer ownership of the website/facebook page and lead generation to new owner and is willing to conitnue managing the building. Typically generates about 1 showing per week which averages 1 new tenant per month.
Supplements: ********
More Information MLS# 202559420
Contract Information
Current Price: $760,000
Original List Price: 760000
List Price: $760,000
Status: Active
Listing Contract Date: 2025-08-21
Property Sub Type: Office
Listing Agreement: Exclusive Right To Sell
Owner Name: Woodberry Investments LLC
Occupant Type: Tenant
Location Tax and Legal
Street Number: 3610
Street Name: 34th
Street Suffix: Street
County: Lubbock
State: TX
Postal Code: 79410
Zone: 3
General Property Information
Above Grade Finished Area: 5933
Above Grade Finished Area Source: Public Records
Building Area Total: 5933
Building Area Source: Public Records
Accessibility Features YN: Yes
Year Built: 1960
Lot Size Acres: 0.53
Lot Size Square Feet: 23280
Lot Size Source: Public Records
Basement YN: No
Stories Total: 1
Security Deposit: 6275
List Price/Acre: 1433962.26
List Price/SqFt: 128.1
Remarks and Miscellaneous
Public Remarks: Class A Central Lubbock Office Building. Can be owner occupied or investment opportunity. 20 Private offices, 2 large conference rooms, breakroom, 2 ADA bathrooms. 30 Dedicated parking spaces with an additional 9 parking spaces available at no cost next door to the West. Plus 2 large exterior storage buildings that could be leased.
Current monthly gross rent is $8,085 from 16 rented offices and 4 virtual offices. Currently 4 vacant offices available to lease at $500/month which would add $2,000 per month in gross rent. Only 5 offices have leases that end between 2/28/26 and 7/31/26. So this could be an owner occupied building or half owner occupied and half income generating or a full income generating investment. All current tenants have been in place for at least a year with no plans to move. 2 Years rental history with consistently 80%+ occupancy. Price is based on 2 years average NOI and a 8.5% cap rate.
Remodel completed in 2022 with no expense spared. TPO Roof with 3in foam iso board insulation w/transferable warranty, 2 - 5 Ton roof HVAC units are ultra efficient. Electric bill for July 2025 was less than $800. Interior was 100% redone including all electrical wiring, plumbing lines, LED lighting, polished concrete flooring. Building features a Verkada controlled access system with a lot of customization and options for add-on features. Building is fully wired with CAT6 to each individual office plus wireless APs throughout building for very reliable wireless service. Eufy full wireless camera system for exterior security is solar powered and AI to track faces and monitor familiar vs strangers.
If buyer is interested in keeping the Social Lofts brand and continue to lease offices, seller is willing to transfer ownership of the website/facebook page and lead generation to new owner and is willing to conitnue managing the building. Typically generates about 1 showing per week which averages 1 new tenant per month.
Status Change Information
Major Change Timestamp: 2025-08-21T19:42:59Z
Major Change Type: New Listing
Status Change Timestamp: 2025-08-21
Building Features
Ceiling Height: 9
Clear Span: No
Income and Expenses
Cap Rate: 8.5
Electric Expense: 500
Fuel Expense: 100
Gross Income: 8085
Insurance Expense: 398
Maintenance Expense: 120
Net Operating Income: 6167
Other Expense: 700
Total Actual Rent: 8085
Trash Expense: 40
Water Sewer Expense: 60
Land Details
Minerals Available: No
Showing Information
Showing Attended YN: Yes
Showing Advance Notice: 4
Showing Instructions: Please call/text LA before showing. LA can attend showing to answer questions
Environmental Due Diligence
Environmental Date: 2022-11-01
Environmental Phase: Phase 2 - Detailed Assessment
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Common Area; Accessible Doors; Accessible Entrance; Accessible Hallway(s); Visitor Bathroom
Building Features: Conference Room; High Speed Internet; Kitchen/Break Room
Business Information Source: Insurance Info.; Owner
Business Type: Administrative and Support; Advertising; Barber/Beauty; Commercial; Computer; Financial; Health Services; Home Cleaner; Medical; Photographer; Professional Service; Professional/Office; Real Estate
Construction Materials: Block; Brick Veneer
Cooling: Central Air; Electric; Multi Units
Economic Development Zones: Other
Fencing: None
Flooring: Concrete
Foundation Details: Slab
Heating: Central; Forced Air; Natural Gas
Listing Terms: 1031 Exchange; Cash; Conventional; Owner May Carry; Private Financing Available
Lot Features: City Lot; Landscaped; Paved
Parking Features: Additional Parking; Alley Access; Asphalt; Guest; Open; Parking Lot
Plans Available: Electrical; Floor; Plumbing; Site; Structural
Road Frontage Type: City Street
Road Surface Type: Concrete
Roof: Membrane
Security Features: Closed Circuit Camera(s); Firewall(s); Key Card Entry; Prewired
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: None
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: HouseChaser
Listing Agent: Chase Marberry
Last Updated: August - 21 - 2025
Information deemed reliable but not guaranteed.