About This Home
This 0-bedroom, 0-bathroom commercial at 5241 98th Street in Lubbock, TX is listed for $3,900,000 ($253 per sqft). Built in 2016, the home offers 15,436 sqft of living space on a 1.95 acres lot.
Key Features
- Built in 2016
- 1.95 acre lot
- 78 parking spaces
Property Details
Southwest Lubbock Executive Office Investment offers the opportunity to acquire a stabilized Class A office asset in one of Lubbock's most dynamic commercial growth corridors. Completed in 2016, the 15,436-square-foot building is fully leased through December 2030 to a well-established professional services tenant under a favorable modified gross lease structure.
The property combines predictable income, exceptional physical quality, strong visibility, and an efficient headquarters-style layout. A separately leased 1,343-square-foot office suite provides additional revenue and future flexibility. The property was purpose-built as a corporate headquarters and reflects institutional-quality design and construction.
The efficient floor plan includes more than twenty private offices, four executive offices, a dramatic reception lobby, executive conference room, large training facility, open collaborative workspace, kitchen and break areas, enclosed courtyard, and a separately accessed office suite.
The building has been meticulously maintained and presents exceptionally well for continued use as a headquarters facility or long-term investment asset. The property is positioned on 98th Street within Southwest Lubbock, one of the city's fastest-growing commercial districts.
Nearby development includes regional medical facilities, banks, restaurants, retail centers, hospitality, professional offices, a golf course, and thousands of surrounding residential rooftops. Traffic counts of approximately 13,000-16,000 vehicles per day on 98th Street, combined with more than 41,000 vehicles per day near the Milwaukee Avenue corridor, provide outstanding visibility and accessibility.
Monthly Cost Estimate
$20,858/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5241 98th Street
Lubbock, TX 79424
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5241 98th Street is listed at $3,900,000 ($253/sqft). The estimated monthly payment is $20,859 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2016, 1.95 acre lot, 78 parking spaces.
This property is listed by Kim Flenniken and can be reached at 8067907142.





