13037 Quaker Avenue, Lubbock, TX 79423
13037 Quaker Avenue, Lubbock, TX 79423
13037 Quaker Avenue, Lubbock, TX 79423
13037 Quaker Avenue, Lubbock, TX 79423
13037 Quaker Avenue, Lubbock, TX 79423
13037 Quaker Avenue, Lubbock, TX 79423
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Brennan Coldiron

Brennan Coldiron

+1(806) 410-4004
$ 1,300,000
Est. payment | /mo

4,660 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

4,660 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,660 sqft

Price per Sqft $278

MLS Listing ID 202604211

Year Built 2016

Annual Tax Amount $21,309

Lot Size 0.517 Acres

Acres 0.52

Property Sub-Type Business

Source Lubbock Association of REALTORS®

Property Description

Premier fully leased office investment delivering immediate cash flow and modern appeal in a highly desirable Lubbock business corridor. Built in 2016, this multi-tenant asset offers 14 well-designed office suites with a strong anchor tenant occupying a majority of the space, providing stability and consistent income. The remaining suites are leased to a diverse tenant mix, creating a balanced and resilient rent roll. With all spaces occupied, this is a true turnkey opportunity for investors seeking a stabilized asset with proven performance. Currently generating $135,792 in annual gross income and approximately $101,025 in Net Operating Income, the property is offered at $1,300,000, reflecting an attractive 7.77% cap rate. A rare opportunity to acquire a clean, income-producing office asset with modern construction, strong tenancy, and long-term upside in the growing Lubbock market.

Location

State TX

County Lubbock

Area 11

Rooms

Basement Basement

Interior

Heating Central

Cooling Central Air

Exterior

Roof Type Composition

Building

Lot Description Paved, Level

Story 1

Foundation Slab

Level or Stories true

New Construction No

Others

Tax ID R324878

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Reside Real Estate Co.

NEARBY LOCATIONS

Brennan Coldiron
Brennan Coldiron

Broker Associate/REALTOR®, GRI, TRLP, C2EX | License ID: 0601136 (TX)

+1(806) 410-4004 | brennan@brennancoldiron.com

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13037 Quaker Avenue