BLDG 800 11702 Frankford Ave 2,620 SF Office Building Lubbock, TX 79424 $798,000 ($304.58/SF) 7.22% Cap Rate

Now available for immediate occupancy, this newly completed 2,620 SF Class A executive office building is located in the highly desirable Paradise Business Park in South Lubbock. Designed with flexibility and functionality in mind, the property is ideal for medical, dental, legal, insurance, financial, engineering, real estate, or other professional office users.
The building features eight private executive offices, a spacious reception area and lobby, a large conference room with double French doors, kitchenette/break room, workroom, dedicated IT/storage room, and two ADA-compliant restrooms. Executive-quality finishes, abundant natural light, Nest smart thermostats, and modern farmhouse architecture with cedar accents create a professional, upscale environment. Additional plumbing rough-ins provide flexibility for future medical or specialty office build-outs.
Conveniently located near Milwaukee Avenue and Loop 88, the property offers excellent accessibility and is surrounded by South Lubbock's rapidly expanding residential and commercial developments.
Sale Price: $798,000
Lease Rate: $22.00/SF/YR NNN + $6.00/SF/YR NNN
Available for immediate occupancy. Owner will also consider owner-occupant purchasers seeking a long-term headquarters location. Contact Murphy & Martin Real Estate to schedule a private tour or request additional information.