Lubbock Retail

Lubbock

Office Space Market Report

Number of Listings (last 90 days)
87
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,330
As of: May 23, 2017

Lubbock Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lubbock region is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.

Lubbock Listing Supply

In the last 90 days, 87 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Lubbock are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,330 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 1983 and are Class A.

Lubbock Community

Market Report

Trends and status of the commercial real estate market in Lubbock.
Market Report

Market Data

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