Office/Retail Property Next to
For Lease
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7402 University Ave, Lubbock, TX 79423
3,085 SF office/retail space just off South Loop 289 with parking and direct access to adjacent Target.
Property Size3,085 SF
Days on Market242
Property Features for 7402 University Ave
General Information
Standard status
Active
Size
3,085 SF
Net Rentable
3,085 SF
Property subtype
OFFICE
Lease Type
SF/yr
Space & Availability
Available Space
3,085 SF
Contiguous Space
3,085 SF
Space Use
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
McDougal, REALTORS
(806) 215-7023
Listed By:
Carrigan Williams · License #773761
(806) 215-7023
Source:
Moodyscre
Added: Dec 1, 2025
Changed: Jul 30
Last Checked: Jul 30 at 8:39AM
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 McDougal, REALTORS
Investment Insights
Based on property information with market context.
This 3,085 SF office/retail property at 7402 University Ave, Lubbock, TX 79423 is positioned just off South Loop 289, providing convenient access for customer-facing use. The property is set up with parking and is designed to support office or retail operations that benefit from high customer visibility.
The site is located next to a Target and adjacent to one of the largest electric vehicle charging stations in Lubbock. Its placement along a primary retail corridor brings it among surrounding national retailers, supporting steady walk-in and drive-by traffic for appropriate tenant users.
With its parking and prominent positioning near major retail and EV charging activity, the property is well suited for an owner-user or investor looking for a customer-facing office/retail site on a high-traffic arterial.
The site is located next to a Target and adjacent to one of the largest electric vehicle charging stations in Lubbock. Its placement along a primary retail corridor brings it among surrounding national retailers, supporting steady walk-in and drive-by traffic for appropriate tenant users.
With its parking and prominent positioning near major retail and EV charging activity, the property is well suited for an owner-user or investor looking for a customer-facing office/retail site on a high-traffic arterial.
Key Highlights
- 3,085 SF office/retail property
- Located just off South Loop 289 for easy access
- Adjacent to a Target
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 79423, TX
42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value
Market
Lease Benchmarks for Lubbock, TX
$27.9 /SF/Yr
Avg Asking Price
$0.86–$288 /SF/Yr
Price Range
6,558 SF
Avg Space Size
This space is priced 41% below the average of $27.9 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 3,085 SF office/retail space just off South Loop 289 with parking and direct access to adjacent Target.
Where is this office units located?
The property is located at 7402 University Ave Lubbock, TX.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: 3,085 SF office/retail property; Located just off South Loop 289 for easy access; Adjacent to a Target
