Lubbock Industrial

4401 Locust Ave - Space Lubbock, TX great for commodity storage
Jul 07
30,000
sqft
Industrial

Lubbock

Market Report

Number of Listings
Posted in the last 90 days
25
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
980

Lubbock Rates

On average, listings lease in the $20's per square foot per year. The Lubbock submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% increase in rent.

Lubbock Listing Supply

In the last 90 days, 713 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Lubbock are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 980 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this region were built in 1983 and are Class B.

Lubbock Community

Market Data

Real time and historical data on commercial real estate listings in Lubbock.
Research