Lubbock, TX Commercial Real Estate for Lease and Sale

Explore 292 listings of Lubbock commercial real estate for lease and for sale to find the best space for your business.

10302 Slide Rd

10302 Slide Rd, Regal Park, Lubbock, TX
Property

VacantLand
For Sale Contact for pricing
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South Plains Crossing

6802 Slide Rd, Remington Park, Lubbock, TX
Property

Retail

144,241 SF
Availability

3 Spaces

8,800 SF
Year Built

2015
For Lease Contact for pricing
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6.99 AC on Marsha Sharp Fwy & 66th St

Marsha Sharp Fwy & 66th st, Remington Park, Lubbock, TX
Property

VacantLand
For Sale

$12.50/SF
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Investment Opportunity

311 19th St, Slaton-Bean, Lubbock, TX
Property

Industrial

20,000 SF
For Sale

$650,000
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2711 Fordham Street

2711 Fordham Street, Hodges Park, Lubbock, TX
Property

VacantLand
For Sale

$395,000
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Unique 10,000 SF Property for Sale or Lease

1921 Broadway, Overton, Lubbock, TX
Property

Office

10,780 SF
Availability

1 Space

10,780 SF
Year Built

1969
For Lease

$13.50/SF/YR
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7.3 Acres of Commercial Development Land

6020 4th Street , Shadow Hills, Lubbock, TX
Property

VacantLand
For Sale

$1,042,805
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53rd & Chicago Ave

53rd & Chicago Ave , Leroy Elmore, Lubbock, TX
Property

VacantLand
For Sale

$428,950
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Southwest Shopping Center

6301 82nd St, Regal Park, Lubbock, TX
Property

Retail

30,521 SF
Availability

7 Spaces

11,209 SF
Year Built

2007
For Lease

$15.00 - $18.00/SF/YR
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Office / Warehouse at West Business Park

7703 69th Street, Remington Park, Lubbock, TX
Property

Office

6,000 SF
Availability

1 Space

6,000 SF
Year Built

2024
For Lease Contact for pricing
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Value-Add Investment Opportunity -Former School

701 East Queens Street , Claytoncarter, Lubbock, TX
Property

Other

31,970 SF
Year Built

1970
For Sale

$350,000
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NEC of 4th Street & Upland Avenue

NEC of 4th Street & Upland Avenue , Carlisle, Lubbock, TX
Property

VacantLand
For Sale

$3,879,090
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4027 Clovis Road

4027 Clovis Road, Lubbock Lake, Lubbock, TX
Property

VacantLand
For Sale

$895,000
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English Basement with Windows

800 Broadway , Overton, Lubbock, TX
Property

Office

29,808 SF
Availability

1 Space

3,067 SF
Year Built

1950
For Lease

$3,200.00/MO
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Joliet Office Complex

3410 Joliet Avenue, Maedgen, Lubbock, TX
Property

Office

4,846 SF
Year Built

1971
For Sale

$485,000
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Briercroft Center

5302 Avenue Q, Atkins, Lubbock, TX
Property

Retail

58,370 SF
Availability

3 Spaces

11,100 SF
For Lease

$6.75/SF/YR
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12706 Indiana Ave

12706 Indiana Ave, Raintree, Lubbock, TX
Property

Retail

11,308 SF
Availability

3 Spaces

6,067 SF
Year Built

2022
For Lease

$28.00/SF/YR
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13.8479 Acres 4501 North University Ave

4501 University Ave, Lubbock Lake, Lubbock, TX
Property

VacantLand
For Sale

$353,124
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1655 Main Street

1655 Main Street, Overton, Lubbock, TX
Property

Office

11,855 SF
Availability

1 Space

1,613 SF
Year Built

1982
For Lease

$16.00/SF/YR
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8902 University Ave

8902 University Ave , University Pines, Lubbock, TX
Property

VacantLand

2,098 SF
Year Built

1998
For Sale

$590,240
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302 & 304 34th St

302 & 304 34th St, Slaton-Bean, Lubbock, TX
Property

Industrial

8,000 SF
Year Built

1967
For Sale

$440,000
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708 SE Loop 289

708 SE Loop 289, Southgate, Lubbock, TX
Property

Industrial

30,300 SF
Year Built

1971
For Sale

$2,375,000
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710 Frankford Avenue

710 Frankford Avenue , Lubbock Lake, Lubbock, TX
Property

VacantLand
For Sale

$759,033
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Dock High Warehouse w/ Rail Access

1502 East 36th Street, Harwell, Lubbock, TX
Property

Industrial

34,582 SF
For Sale

$2,074,920
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7109 Marsha Sharp Fwy

7109 Marsha Sharp Fwy , Remington Park, Lubbock, TX
Property

Retail

5,500 SF
For Sale

$750,000
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1507 13th St

1507 13th St, Overton, Lubbock, TX
Property

Office

6,724 SF
Year Built

1990
For Sale

$775,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lubbock commercial real estate market incorporates 587,501 square feet of office space across 81 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lubbock commercial real estate market includes 3,288,088 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lubbock market, there is a total of 3,577,447 square feet of industrial property.

The listing inventory in Lubbock incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lubbock is represented by Retail space, which accounts for 483,669 square feet of available listings. Industrial space available in Lubbock adds up to 356,112 square feet.

Meanwhile, most of the listings of commercial property for sale in Lubbock are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lubbock is $17.24 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lubbock can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lubbock, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Lubbock is in the Leroy Elmore neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Waters area.

Meanwhile, retail space opportunities are most abundant in the Leroy Elmore submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Southgate.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $30 per square foot. In particular, the property type commanding the highest lease rates in Lubbock was Office space.

The average size of a commercial property in Lubbock depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lubbock, the average size of an office property is 9,039 square feet.
Retail properties here incorporate an average of 76,468 square feet.
Industrial space in Lubbock is in buildings that are, on average 127,766 square feet in size.

Lubbock, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lubbock currently add up to 2,655,013 square feet. The market offers 63 active office listing(s), which amount to 254,442 square feet and account for 47% of commercial spaces on the market. Local retail availability includes 483,669 square feet across 44 retail space(s). Industrial space for rent opportunities in Lubbock amount to 356,112 square feet across a total of 18 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	63	254,442
Retail	44	483,669
Industrial	18	356,112
Other	8	1,560,790

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lubbock, TX. Currently, there is 975,263 square feet of commercial property for sale here , which includes 23 office building(s) for sale , 12 retail investment opportunity listing(s) , and 19 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	23	118,854
Retail	12	109,713
Industrial	19	462,696
Other	106	284,001

Lubbock, TX Commercial Real Estate for Lease and Sale

10302 Slide Rd

South Plains Crossing

6.99 AC on Marsha Sharp Fwy & 66th St

Investment Opportunity

2711 Fordham Street

Unique 10,000 SF Property for Sale or Lease

7.3 Acres of Commercial Development Land

53rd & Chicago Ave

Southwest Shopping Center

Office / Warehouse at West Business Park

Value-Add Investment Opportunity -Former School

NEC of 4th Street & Upland Avenue

4027 Clovis Road

English Basement with Windows

Joliet Office Complex

Briercroft Center

12706 Indiana Ave

13.8479 Acres 4501 North University Ave

1655 Main Street

8902 University Ave

302 & 304 34th St

708 SE Loop 289

710 Frankford Avenue

Dock High Warehouse w/ Rail Access

7109 Marsha Sharp Fwy

1507 13th St

Frequently Asked Questions

Lubbock, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lubbock, TX Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lubbock, TX?

What factors affect the price of commercial real estate in Lubbock, TX?

What is the average rent for commercial space in Lubbock, TX?

What are the best areas for commercial real estate in Lubbock, TX?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lubbock, TX?

Lubbock, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us