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612 Commercial Real Estate Listings in Lubbock, TX

Lubbock, TX Commercial Real Estate

There are currently 601 commercial listings available in Lubbock, TX. These listings include 326 commercial spaces that encompass a total of 2,618,557 square feet. Available commercial spaces in Lubbock, TX range in size from 1 square feet to 198,000 square feet. A total of 307 off-market commercial properties located in Lubbock, TX are also available for research.

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Lubbock, TX Commercial Inventory Breakdown

In 2022 the Lubbock, TX commercial real estate market totaled 2,652,535 square feet of office spaces, 7,593,594 square feet of office spaces with retail, and 16,590,718 square feet of industrial space.

Office Spaces

Total: 2,652,535 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,747,432 SqFt 65.88% of total office
100k to 500k SqFt 905,103 SqFt 34.12% of total office
By class:
Class A 609,414 SqFt 22.97% of total office
Class B 2,043,121 SqFt 77.03% of total office


Class A office space holds a 22.97% share of the overall Lubbock, TX office market, while Class B office assets make up approximately 77.03%.

Industrial

Total: 16,590,718 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,363,702 SqFt 20.27% of total industrial
100k to 500k SqFt 8,214,990 SqFt 49.52% of total industrial
500k to 1M SqFt 3,168,232 SqFt 19.1% of total industrial
> 1M SqFt 1,843,794 SqFt 11.11% of total industrial
By class:
Class A 1,691,583 SqFt 10.2% of total industrial
Class B 11,915,567 SqFt 71.82% of total industrial
Class C 1,675,666 SqFt 10.1% of total industrial
There are 8,214,990 square feet of commercial real estate properties between 100k to 500k square feet, representing 49.52% of the Lubbock, TX industrial inventory. Class A assets total 1,691,583 square feet of industrial space, with an additional 11,915,567 square feet of Class B and 1,675,666 square feet of Class C properties.

Office Spaces with Retail

Total: 7,593,594 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 2,133,113 SqFt 28.09% of total office with retail
100k to 500k SqFt 4,324,481 SqFt 56.95% of total office with retail
> 1M SqFt 1,136,000 SqFt 14.96% of total office with retail

Lubbock, TX Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Lubbock, TX Office 86 377,625
Lubbock, TX Retail 76 696,402
Lubbock, TX Industrial 19 235,826
Lubbock, TX Other 293 2,618,557
Ofice Icon

86

Office

Industrial Icon

19

Industrial

Retail Icon

76

Retail

Current local active listing encompass 3,928,410 square feet of commercial space for lease in Lubbock. There are 86 active office listings, which amount to 377,625 square feet and account for 18% of commercial spaces on the market. Local retail availability includes 696,402 square feet across 76 listings. Current industrial offerings on the market amount to 235,826 square feet across a total of 19.

Employment in Lubbock, TX

Employed Population 130,173

Employed population - Industry % Distribution

Management, business, science, and arts occupations

38%

Sales and office occupations

22%

Service occupations

19%

Production, transportation, and material moving occupations

13%

Natural resources, construction, and maintenance occupations

8%

In 2020, roughly 38% of a total of 130,173 employed in Lubbock worked in Management, business, science, and arts occupations, followed by 22% in Sales and office occupations and 19% in Service occupations.

Income per capita $28,079  Median household income $52,254

Household income

48%

Under $50k

29%

$50k - $100k

19%

$100k - $200k

4%

Over $200k

The median household income in Lubbock stands at $52,254, with per capita income at $28,079. Households earning between $50k and $100k represent 29% of the total, while those earning over $200k make up 4%. Approximately 48% of Lubbock households earn less than $50k per year.

Commuting in Lubbock, TX

Mean travel time to work 16 minutes

Means of transportation to work

79.10%

Driving alone

11.70%

Carpool

0.80%

Public transit

0.60%

Bicycle

3.00%

Walking

1.20%

Other

3.60%

Work at Home

*Universe: Workers 16 and over

Education in Lubbock, TX

High school grad or higher 88%

Bachelor's degree or higher 34%

Population by minimum level of education

12%

No degree

24%

High school

30%

Some College

20%

Bachelor's

14%

Post-grad

*Universe: Workers 25 and over

An estimated 88% of Lubbock residents aged 25 or over hold a high school degree or higher. Of those, 24% are high school graduates, 30% attended some college, 20% earned a bachelor's degree, with an additional 14% holding post-graduate degrees.

Lubbock, TX Demographics

As of 2020, Lubbock had a total population of 258,870, with a median age of 29.80 years. Roughly 68.70% of the total population was between the ages of 16 and 64 years old.