13037 Quaker Avenue, Lubbock, TX 79423

$1,300,000
4,660
SqFt

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List Price
$1,300,000
MLS#
202604211
Status
ACTIVE
Year Built
2016
Type
Commercial
Living Area
4,660
Lot Size
22,500
County
Lubbock
City
Lubbock
Legal Description
Kelsey Park Tr J

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.

Additional Information

Taxes
$21,309
Heating
Central
Cooling
Central Air
Foundation
Slab

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Calculator source: Real Geeks

Listing courtesy of Reside Real Estate Co..