The typical asking rate per listing is in the $10's per square foot per year. The Lubbock region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 12% decline in rent.
In the last 90 days, 713 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings 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 region are around 1 floors. Most buildings in this region were built in 1983 and are Class B.
Real time and historical data on commercial real estate listings in Lubbock.
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