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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26773799
26808774

6121 79th St, Lubbock, TX 79424 For Sale

DP
TX TX 257988
Keller Williams Realty
BR
TX TX815708
KW Commercial The Powell Group
Listed by Keller Williams Realty, KW Commercial The Powell Group
$3,000,000
318 days on market
Updated 22 days ago

6121 79th Street

Details
APN R317825
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 12,626
Units 2
Cap Rate 4.32%
Occupancy 50%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 7.25%
Broker Co-Op Yes
Class A
Year Built 2012
Year Renovated 2023
Buildings 1
Stories 1
Acreage 1.100
Zoning OF
Investment Type Stabilized
Tenant Credit Credit Rated

Class A Office Investment with National Tenant

Marketing description

This class A multi-office building offers a strong investment opportunity with both stability and upside potential. Constructed in 2012, the property totals 12,626 SF on 1.1 acres and is zoned OF (Office). In 2022–2023, more than $1 million in improvements were completed on Suite A, an ±8,000 SF space now leased to a long-term, nationally recognized tenant under a 60-month agreement that commenced January 1, 2024. Suite B is currently vacant, providing flexibility for an owner-user or additional lease-up opportunity to increase returns. The building is well-positioned near 82nd Street (one of the city’s major thoroughfares) and offers ample parking for tenants and visitors. With recent capital improvements, an established national tenant, and available space for future growth, this property combines immediate income security with long-term investment potential. Financials available upon request.

Investment highlights

  • National Tenant

  • Proximity to 82nd Street & Milwaukee Avenue

  • Renovated in 2023

Listing Contacts

DP
TX TX 257988
Keller Williams Realty
BR
TX TX815708
KW Commercial The Powell Group
Listed by Keller Williams Realty, KW Commercial The Powell Group

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Additional Information

Name
David Powell
License
TX 257988
Brokerage
Keller Williams Realty-Lubbock
Title
Realtor
Name
Brady Robb
License
TX815708
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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