13037 Quaker Avenue Lubbock, TX 79423
Other
MLS #: 202604211
Courtesy Of Reside Real Estate Co.
Property InformationDescription
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.
Features
- Age: 6-10 Years Old
- Cooling System: Central Air
- Floors: 1
- Heating System: Central
- Legal Description: Kelsey Park Tr J
- MLSID: 202604211
- Roof Type: Composition
MAP & DIRECTIONS
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