Search
Affordable Office Space Near Medical
For Lease
$12 SF/Yr

5120 29th Dr, Lubbock, TX 79407

Office suites near medical centers and Texas Tech University.

Space Size1,425 SF
Property Size7,636 SF
Days on Market275

Property Features for 5120 29th Dr

General Information

Standard status Active
Size 1,425 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 7,636 SF
Year Built 2017

Spaces For Lease

at 5120 29th Dr Contact us

Suite C $12/SF/Yr

Size
1,425 SF
Term
Negotiable
Contact us
Listing Agency: NAI Wheelhouse
Listed By: Roman Thompson · License #TX #834858
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 23 at 3:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Wheelhouse

Investment Insights

Based on property information with market context.

Office space is available in a building conveniently located with access to Texas Tech University and downtown via the Marsha Sharp Freeway. The property is situated minutes from Covenant, Grace, and UMC Medical Centers. Suite B features an open, flexible space suitable for various users. Suite D includes 6 offices, a bullpen area, a conference room, and a spacious breakroom. Suite C contains 6 offices and a storage area, offering customization options.

Key Highlights

  • Affordable office space near Covenant, Grace, and UMC Medical Centers.
  • Convenient access to Texas Tech University and downtown via Marsha Sharp Fwy.
  • Suite D: Features 6 offices, a bullpen area, a conference room, and a spacious breakroom.

Property Analytics

Current Use

George Gary Walker, ... Physician Lubbock Real Estate ... Real Estate Agency ADHD Clinic Counselor Garney Construction General Contractor Elysian Homes LLC Construction Company

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Grocery & Convenience Store Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby

Demographics for 79407, TX

23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
Median Home Value

Market

Lease Benchmarks for Lubbock, TX

$26.63 /SF/Yr
Avg Asking Price
$3.75–$288 /SF/Yr
Price Range
4,808 SF
Avg Space Size

This space is priced 55% below the average of $26.63 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office suites near medical centers and Texas Tech University.
Where is this office units located?
The property is located at 5120 29th Dr Lubbock, TX.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Affordable office space near Covenant, Grace, and UMC Medical Centers.; Convenient access to Texas Tech University and downtown via Marsha Sharp Fwy.; Suite D: Features 6 offices, a bullpen area, a conference room, and a spacious breakroom.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message