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Boutique Corporate Headquarters Opportunity 11702 Frankford Ave 2,620 SF Office Building Lubbock, TX 79424 $798,000 ($304.58/SF) 7.22% Cap Rate



Investment Highlights
- Boutique Corporate Headquarters Design
- IT / Storage Room
- Eight Private Executive Offices
- Dedicated Workroom
- Executive Conference Room with Double French Doors
- Plumbing Rough-Ins for Future Medical or Specialty Use
Executive Summary
Not every successful business needs a larger office—it needs the right one.
Imagine walking into an office every morning that reflects the quality of your business. Warm cedar accents, soaring ceilings, abundant natural light, and executive-quality finishes create a workplace employees enjoy and clients remember. This is more than office space—it's an investment in your company's image, culture, and long-term success.
Purposefully designed as a boutique corporate headquarters, this newly completed 2,620 SF Class A executive office building offers an exceptional opportunity for established professional firms and growing businesses looking to own or lease a distinctive headquarters in one of South Lubbock's premier business parks.
Completed in 2026, the building provides an efficient, highly functional floor plan with eight private executive offices, allowing business owners to maximize productivity while maintaining a professional, client-focused environment. Whether you're welcoming clients, building your team, or investing in your company's future, this property delivers a level of quality rarely found in today's office market.
For medical or specialty office users, the building also includes plumbing rough-ins, providing flexibility for future treatment rooms or specialty build-outs.
Conveniently located near Milwaukee Avenue and Loop 88, the property offers outstanding accessibility while benefiting from the continued residential and commercial growth throughout South Lubbock.
Imagine walking into an office every morning that reflects the quality of your business. Warm cedar accents, soaring ceilings, abundant natural light, and executive-quality finishes create a workplace employees enjoy and clients remember. This is more than office space—it's an investment in your company's image, culture, and long-term success.
Purposefully designed as a boutique corporate headquarters, this newly completed 2,620 SF Class A executive office building offers an exceptional opportunity for established professional firms and growing businesses looking to own or lease a distinctive headquarters in one of South Lubbock's premier business parks.
Completed in 2026, the building provides an efficient, highly functional floor plan with eight private executive offices, allowing business owners to maximize productivity while maintaining a professional, client-focused environment. Whether you're welcoming clients, building your team, or investing in your company's future, this property delivers a level of quality rarely found in today's office market.
For medical or specialty office users, the building also includes plumbing rough-ins, providing flexibility for future treatment rooms or specialty build-outs.
Conveniently located near Milwaukee Avenue and Loop 88, the property offers outstanding accessibility while benefiting from the continued residential and commercial growth throughout South Lubbock.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,050
|
$27.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,050
|
$27.50
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$14,410
|
$5.50
|
| Net Operating Income |
$57,640
|
$22.00
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $72,050 |
| Annual Per SF | $27.50 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,050 |
| Annual Per SF | $27.50 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $14,410 |
| Annual Per SF | $5.50 |
| Net Operating Income | |
|---|---|
| Annual | $57,640 |
| Annual Per SF | $22.00 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
2,620 SF
Building Class
B
Year Built
2026
Price
$798,000
Price Per SF
$304.58
Cap Rate
7.22%
NOI
$57,640
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,620 SF
Building FAR
0.29
Lot Size
0.21 AC
Zoning
C1 - Real Commerical
Parking
6 Spaces (2.29 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 800 | 2,620 SF | Office | Full Build-Out | Now |
1st Fl-Ste 800
| Size |
| 2,620 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 800
| Size | 2,620 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R353686 | Improvements Assessment | $0 (2025) |
| Land Assessment | $26,841 (2025) | Total Assessment | $26,841 (2025) |
Property Taxes
Parcel Number
R353686
Land Assessment
$26,841 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$26,841 (2025)
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Boutique Corporate Headquarters Opportunity | 11702 Frankford Ave



