Most listings are in the $10's per square foot per year. The Downtown Lubbock submarket is going through a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year.
In the last 90 days, 2 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,500 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1960 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Downtown Lubbock residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.