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Oak Tree Village 3701--3726 19th St
6,600 SF of Office Space Available in Lubbock, TX 79410
Highlights
- Adjoining Covenant Hospital.
- Is in close proximity to several other surrounding retailers and medical establishments.
- Across from Texas Tech University (36,000 students) and Marsha Sharp Freeway.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,600 SF | Negotiable | $17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $9,350 /MO $112,200 /YR | Triple Net (NNN) |
3702-3726 20th St - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3701--3726 19th St , Lubbock, TX 79410
| Center Type | Neighborhood Center | Frontage | 615’ on 19th St |
| Parking | 372 Spaces | Gross Leasable Area | 76,097 SF |
| Stores | 4 | Total Land Area | 6.72 AC |
| Center Properties | 4 | Year Built | 1981 |
| Center Type | Neighborhood Center |
| Parking | 372 Spaces |
| Stores | 4 |
| Center Properties | 4 |
| Frontage | 615’ on 19th St |
| Gross Leasable Area | 76,097 SF |
| Total Land Area | 6.72 AC |
| Year Built | 1981 |
About the Property
Coldwell Banker Commercial is pleased to offer for lease Oak Tree Village in Lubbock, TX. The property is located directly across the the street from Texas Tech University on 19th Street. The property is located next door to Covenant Health center which employs over 5,000 people and has more than 600 physicians on staff. The property is ideally located near Marsha Sharp freeway, providing quick and easy access to all parts of the city. Located on the South Plains of West Texas, Lubbock has long been known as the “Hub City”. The Nickname is related to Lubbock’s accessible location on the crossroads of Interstate 27 and four major U.S. highways. Lubbock is in the central time zone and is equal distance to both coasts, allowing for ease of U.S. distribution. Within the city, you will find a well-planned transportation network with an average commute time of 16 minutes.
- Tenant Controlled HVAC
-
Jesse Rincones -
Coldwell Banker Commercial Capital Advisors
Learn More About Renting Office Space
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Oak Tree Village | 3701--3726 19th St
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