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BLDG 800 11702 Frankford Ave 2,620 SF Office Building Lubbock, TX 79424 $1,093,260 CAD ($417.27 CAD/SF) 7.22% Cap Rate



Executive Summary
Modern Garden Office – For Sale or Lease11702 Frankford Ave, BLDG 800, Lubbock, TX 79424Located in South Lubbock’s Premier Paradise Business Park
Now pre-leasing and pre-selling a premium, under-construction garden-style executive office space in the thriving Paradise Business Park in South Lubbock. This 2,620 SF single-use office combines style, functionality, and flexibility — perfect for medical, insurance, chiropractic, or other professional services.
Key Features:
Estimated Completion: March 2026
Style: Modern Farmhouse with cedar accents & abundant natural light
Layout: 8 private executive offices, large conference room with double French doors, spacious lobby with reception desk
Additional Rooms: IT/storage closet, work/copy room, kitchenette, 2 ADA-compliant restrooms
Smart Features: Nest thermostats, executive-style finishes throughout
Utility Ready: Additional water and drain connections in interior walls for medical or specialty build-out flexibility
Parking: Ample shared parking within Paradise Business Park
Pricing Options:
For Sale: $820,000
For Lease: $22/SF/YR + $5.50/SF/YR NNN
This is an outstanding opportunity to establish your business in a fast-growing, professional corridor with easy access to major roads, upscale neighborhoods, and Lubbock’s expanding south side.
Contact us today to schedule a site tour or to reserve this space for your future headquarters.
Now pre-leasing and pre-selling a premium, under-construction garden-style executive office space in the thriving Paradise Business Park in South Lubbock. This 2,620 SF single-use office combines style, functionality, and flexibility — perfect for medical, insurance, chiropractic, or other professional services.
Key Features:
Estimated Completion: March 2026
Style: Modern Farmhouse with cedar accents & abundant natural light
Layout: 8 private executive offices, large conference room with double French doors, spacious lobby with reception desk
Additional Rooms: IT/storage closet, work/copy room, kitchenette, 2 ADA-compliant restrooms
Smart Features: Nest thermostats, executive-style finishes throughout
Utility Ready: Additional water and drain connections in interior walls for medical or specialty build-out flexibility
Parking: Ample shared parking within Paradise Business Park
Pricing Options:
For Sale: $820,000
For Lease: $22/SF/YR + $5.50/SF/YR NNN
This is an outstanding opportunity to establish your business in a fast-growing, professional corridor with easy access to major roads, upscale neighborhoods, and Lubbock’s expanding south side.
Contact us today to schedule a site tour or to reserve this space for your future headquarters.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$98,709
|
$37.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$98,709
|
$37.68
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$19,742
|
$7.54
|
| Net Operating Income |
$78,967
|
$30.14
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $98,709 |
| Annual Per SF | $37.68 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $98,709 |
| Annual Per SF | $37.68 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $19,742 |
| Annual Per SF | $7.54 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $78,967 |
| Annual Per SF | $30.14 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
2,620 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$1,093,260 CAD
Price Per SF
$417.27 CAD
Cap Rate
7.22%
NOI
$78,967 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,620 SF
Building FAR
0.29
Lot Size
0.21 AC
Zoning
C1 - Real Commerical
Parking
6 Spaces (2.29 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 800 | 2,620 SF | Office | Full Build-Out | May 2026 |
1st Fl-Ste 800
| Size |
| 2,620 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| May 2026 |
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 800
| Size | 2,620 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | May 2026 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R353686 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $37,005 CAD (2025) | Total Assessment | $37,005 CAD (2025) |
Property Taxes
Parcel Number
R353686
Land Assessment
$37,005 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$37,005 CAD (2025)
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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BLDG 800 | 11702 Frankford Ave
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