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5508 114th Street, Lubbock, TX 79424

$1,184,000
Property Type: Commercial Sale Square Footage: 4,154 Lot Size (sq. ft.): 20,494 Status: Active
Current Price: $1,184,000 List Date: 7/24/2025 Last Modified: 7/24/2025

Description

FULLY LEASED: High-Visibility Office Building in a Prime Location This exceptional commercial property offers maximum exposure with prominent frontage in a high-demand location. Featuring 13 private office spaces, a spacious reception area, and a dedicated conference room, this building is designed for efficiency and professionalism. Additional highlights include: Two restrooms for added convenience Kitchenette & copy area to support daily operations Inviting outdoor patio for breaks or informal meetings With strong foot traffic and accessibility, this property is perfect for businesses seeking a well-positioned, high-visibility workspace in a thriving commercial district. Investment Highlights Fully Leased Income-Producing Asset Immediate cash flow with established tenants in place, offering stable returns in a growing market. Prime 114th Street Frontage Exceptional visibility in a high-traffic area near major South Lubbock thoroughfares, enhancing tenant demand and long-term value. Functional & Efficient Layout Includes 13 private offices, large reception area, conference room, two restrooms, kitchenette, and a copy/work area—designed for professional use. Attractive Tenant Amenities Outdoor patio space for employee breaks or informal meetings enhances tenant satisfaction and usability. Located in Rapid Growth Corridor Positioned in one of Lubbock's most active commercial districts with continued residential and commercial development driving demand. Turnkey Investment Opportunity Minimal deferred maintenance and a desirable, professional design make this an ideal low-management asset.

Supplements: ********

More Information MLS# 202558261

Contract Information

Current Price: $1,184,000 Original List Price: 1184000 List Price: $1,184,000 Status: Active Listing Contract Date: 2025-07-24 Property Sub Type: Office Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant

Location Tax and Legal

Street Number: 5508 Street Name: 114th Street Suffix: Street County: Lubbock State: TX Postal Code: 79424 Zone: 7

General Property Information

Above Grade Finished Area: 4154 Above Grade Finished Area Source: Builder Building Area Total: 4154 Building Area Source: Builder Lot Size Acres: 0.4705 Lot Size Square Feet: 20494 Lot Size Source: Public Records List Price/Acre: 2516471.84 List Price/SqFt: 285.03

Remarks and Miscellaneous

Public Remarks: FULLY LEASED: High-Visibility Office Building in a Prime Location This exceptional commercial property offers maximum exposure with prominent frontage in a high-demand location. Featuring 13 private office spaces, a spacious reception area, and a dedicated conference room, this building is designed for efficiency and professionalism. Additional highlights include: Two restrooms for added convenience Kitchenette & copy area to support daily operations Inviting outdoor patio for breaks or informal meetings With strong foot traffic and accessibility, this property is perfect for businesses seeking a well-positioned, high-visibility workspace in a thriving commercial district. Investment Highlights Fully Leased Income-Producing Asset Immediate cash flow with established tenants in place, offering stable returns in a growing market. Prime 114th Street Frontage Exceptional visibility in a high-traffic area near major South Lubbock thoroughfares, enhancing tenant demand and long-term value. Functional & Efficient Layout Includes 13 private offices, large reception area, conference room, two restrooms, kitchenette, and a copy/work area—designed for professional use. Attractive Tenant Amenities Outdoor patio space for employee breaks or informal meetings enhances tenant satisfaction and usability. Located in Rapid Growth Corridor Positioned in one of Lubbock's most active commercial districts with continued residential and commercial development driving demand. Turnkey Investment Opportunity Minimal deferred maintenance and a desirable, professional design make this an ideal low-management asset.

Status Change Information

Major Change Timestamp: 2025-07-24T20:08:31Z Major Change Type: New Listing Status Change Timestamp: 2025-07-24

Land Details

Minerals Available: No

Property Features

Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional Showing Requirements: 24 Hour Notice; Call Listing Agent; Text Listing Agent
Listing Office: Reside Real Estate Co.
Listing Agent: Evan Reid
Last Updated: July - 24 - 2025
Information deemed reliable but not guaranteed.

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