13037 Quaker Ave - Office FOR SALE


Lubbock, TX 79423
$1,300,000 USD
214-287-9631
13037 Quaker Ave, Lubbock, TX for Sale
$1,300,000 USD
Office - FOR SALE
1/13
null | 7.77% Cap Rate

13037 Quaker Ave
Lubbock, TX 79423


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

7.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

GO

APN/PARCEL ID

R324878

ASK ABOUT THIS PROPERTY

Lauren EgertReside Real Estate Co.More Info
214-287-9631

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Lauren EgertReside Real Estate Co.More Info
214-287-9631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.