5241 98th Street

Lubbock, TX 79424

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.

Listing courtesy of Kim Flenniken of Kim & Company, REALTORS



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Last checked: 2026-09-07 10:52 AM CDT