Listing provided courtesy of Reside Real Estate Co.MLS# 202600906MLS Provider
  • 161 days on site
  • 2 views

Ideally located just off 140th & Indiana and minutes from Loop 88, this well-appointed office building sits in one of Lubbock's fastest-growing corridors, surrounded by new residential development, Lubbock-Cooper ISD, and key municipal services. The area's rapid expansion and strong demographics provide excellent long-term support for both investors and owner-users. The property features a highly efficient and functional layout, including 13 private offices, a large conference room, a welcoming reception area with front desk, two restrooms, and a kitchenette. The design supports a wide range of uses including medical, professional, and service-based businesses, while also allowing flexibility for multi-tenant configurations if desired. Built with modern construction and designed for low maintenance, the building offers strong curb appeal and operational efficiency. Ample parking and convenient access enhance the experience for both employees and clientele. From an investment perspective, the opportunity is equally compelling. Based on current market lease rates of $21/SF + NNN, the property is projected to generate approximately $84,903 in NOI, resulting in a stabilized cap rate of ~7.4% at the current list price. This positions the asset as a strong yield opportunity within a high-growth corridor, with additional upside through lease-up strategy or owner occupancy. Whether you're seeking a strategic investment or a place to operate your business while building equity, this property delivers a rare combination of location, flexibility, and income potential.

Source: Lubbock MLS, MLS#: 202600906

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  • Property Type
    Commercial Sale
  • Lot
    0.42 acres

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  • Median Age
    34
  • Population Density
    696
  • College Educated
    45%
  • Estimated Median Income
    $70,590
  • Estimated Total Home Owners
    11,002
  • Estimated Total Renters
    4,778
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    42,354
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3214 140th Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/20/2026Source: Lubbock MLS Added to Database
January 20, 2026