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611-615 Broadway St. Lubbock TX 79401 611 Broadway 6,940 SF 50% Leased Retail Building Lubbock, TX 79401 $1,400,000 ($201.73/SF)
Investment Highlights
- Executed Lease in place for 615 Broadway
- Fully Renovated
- Owner Occupancy Optional
Executive Summary
Located in one of Downtown Lubbock’s most desirable and walkable corridors, 611–615 Broadway offers a rare opportunity to acquire two connected, fully renovated commercial buildings on one of the city’s most visible blocks. The properties blend historic character with modern functionality, featuring exposed brick, polished concrete, original wood-plank floors, black steel accents, and warm wood detailing.
The combined footprint provides exceptional leasing flexibility and immediate income potential. 615 Broadway is currently leased, providing an established income stream from day one. The building features five private offices, a large conference room, and open collaborative space. 611 Broadway offers multiple private offices, shared workspace, a boardroom, and loft meeting area across two levels, giving an owner the flexibility to lease the additional space, occupy it with their own business, or structure the property around multiple tenants. Shared common and dining areas allow the buildings to function seamlessly.
The location is positioned to benefit from continued Downtown Lubbock investment and redevelopment. Nearby Broadway Market is bringing a new food hall, craft kitchens, and rooftop bar to the corridor, while the multi million Pickering Park project and ongoing Depot District revitalization continue to increase activity and investment in the surrounding area.
Downtown Lubbock’s taxable value has grown from approximately $100 million to nearly $300 million over the past two decades, supporting a long-term story of income potential, rent growth, and appreciation along the Broadway corridor.
Situated just off I-27, the property provides quick access to Loop 289 and is well-positioned for connectivity to the future Loop 88 in South Lubbock, making it an easy commute from virtually any part of the city.
The combined footprint provides exceptional leasing flexibility and immediate income potential. 615 Broadway is currently leased, providing an established income stream from day one. The building features five private offices, a large conference room, and open collaborative space. 611 Broadway offers multiple private offices, shared workspace, a boardroom, and loft meeting area across two levels, giving an owner the flexibility to lease the additional space, occupy it with their own business, or structure the property around multiple tenants. Shared common and dining areas allow the buildings to function seamlessly.
The location is positioned to benefit from continued Downtown Lubbock investment and redevelopment. Nearby Broadway Market is bringing a new food hall, craft kitchens, and rooftop bar to the corridor, while the multi million Pickering Park project and ongoing Depot District revitalization continue to increase activity and investment in the surrounding area.
Downtown Lubbock’s taxable value has grown from approximately $100 million to nearly $300 million over the past two decades, supporting a long-term story of income potential, rent growth, and appreciation along the Broadway corridor.
Situated just off I-27, the property provides quick access to Loop 289 and is well-positioned for connectivity to the future Loop 88 in South Lubbock, making it an easy commute from virtually any part of the city.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,940 SF
Building Class
C
Year Built
1938
Price
$1,400,000
Price Per SF
$201.73
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
MU-2
Frontage
50’ on Broadway St
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R111699 | Improvements Assessment | $70,795 |
| Land Assessment | $8,625 | Total Assessment | $79,420 |
Property Taxes
Parcel Number
R111699
Land Assessment
$8,625
Improvements Assessment
$70,795
Total Assessment
$79,420
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611-615 Broadway St. Lubbock TX 79401 | 611 Broadway