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Multi-Tenant Office Building For Sale

$850,645

3315 81st Street, Lubbock, TX 79423

Active
Last Updated: 05/06/2025

7.43

Cap Rate

63,196

NOI

Details:
Cap Rate:    7.43%
NOI:    $63,196
Building Size:    7,738 sqft
Lot Area:    0.4713 acres
Class:    B
Units:    10
Year Built:    1982
Floors:    1
Highlights:
  • 7,738 SF office building
  • 100% Occupied
  • 10 units for maximum occupancy
  • Built in 1982, renovated in 2018
  • Zoned NC (Neighborhood Commercial)
  • Prime location in Lubbock area
Description:

Discover a prime investment opportunity at 3315 81st Street, Lubbock, TX, 79423. This impressive 7,738 SF office building offers a total of 10 units, ideal for savvy investors seeking a lucrative addition to their portfolio. Built in 1982 and extensively renovated in 2018, this property boasts modern amenities, a sought-after NC (Neighborhood Commercial) zoning, and a strategic location in the vibrant Lubbock area. Don't miss the chance to own a versatile and well-maintained commercial property with great potential for office space tenants and strong returns.

Located on the South Side of 81st Street, Near 82nd and Indiana Avenue.

Map:
1 Space Available

Suite B Building

Available:
Immediately
Sublease:
No
SQFT
293
Lease Type:
Gross

Single room suite with exterior windows.

Documents:
Title
3315 81st Street Lease Brochure
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Location
Gallery