4433 34th St

4433 34th St, Lubbock, TX 79410

Property Information

  • For Sale $395,000
  • Property Type Office - General Office
  • Property Size 3,672 SF
  • Lot Size 0.3 Acre
  • Building Class B
  • Year Built 1960
  • Date Updated Oct 2, 2026

Description

High-visibility corridor: frontage on 34th Street Central Lubbock location Easy access Established trade area4433 34th Street is a fully leased, single-tenant NNN office investment in central Lubbock, offered at $395,000. The roughly 3,672 SF building is occupied by an established local business on a new 5-year NNN lease with 2% annual escalations. The property sits on the 34th Street corridor just west of Quaker Avenue, minutes from Texas Tech University and the medical district, making it a strong fit for 1031 exchange buyers and investors seeking stable, growing income.

Highlights

  • 9.29% cap rate
  • Built-in rent growth: 2% annual base rent increases
  • Fully leased, single-tenant NNN investment
  • Ideal for 1031 or first-time investors: low-management ownership with long-term tenant stability.
  • Market-supported rent: $8.50/SF NNN

Contacts

Location

Located at 4433 34th St, Lubbock, TX 79410, this property is part of the Stewart neighborhood and Lubbock market.

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