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Iconic Office Building with Atrium
For Lease
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3223 S Loop 289, Lubbock, TX 79423

Renovated office building with atrium, waterfall, and ample parking.

Space Size1,358 SF - 5,925 SF
Property Size93,455 SF
Days on Market2910

Property Features for 3223 S Loop 289

General Information

Standard status Active
Size 1,358 SF - 5,925 SF
Class B
Property subtype Office
Lease Type Full Service

Building Details

Building Size 93,455 SF
Year Built 1981
Tenancy Multiple

Spaces For Lease

at 3223 S Loop 289 Contact us

Suite 140-240

Size
5,925 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 316

Size
1,387 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 424

Size
1,927 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 470

Size
1,358 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 204

Size
1,996 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Capital Advisors
Listed By: Scott Womack · License #TX 437816
Source: Crexi
Added: Sep 5, 2018 Changed: Aug 22 Last Checked: Aug 21 at 8:43AM

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 Coldwell Banker Commercial Capital Advisors

Investment Insights

Based on property information with market context.

Pyramid Plaza is undergoing a multi-million dollar renovation, including elevator modernization, interior and exterior lighting upgrades, common area upgrades with new wallcoverings and flooring, and parking lot sealcoating and restriping. This glass and steel building is designed as an iconic office building, featuring a large atrium area landscaped with plants and groundcovers, and a multi-level waterfall at the base of the glass-enclosed elevators. The atrium provides multiple seating areas for informal meetings on two levels. The property is suited for tenants requiring office space for four or more staff, up to a corporate headquarters accommodating over 75 employees. Full service rates include utilities, 5-day-per-week custodial service, and full-time maintenance personnel. The building offers 24-hour access with after-hours patrol service and a controlled card access system, along with newly installed security cameras at each entry. Fiber connectivity is available through AT&T, Vexus Fiber, and Suddenlink. There are 532 off-street parking spaces, providing over six spaces per 1,000 sq. ft. of leasable area. Located on South Loop 289 between Indiana Avenue and University Avenue, the building is adjacent to a full-service hotel and near Texas Tech University, Lubbock Christian University, the medical district, the central business district, and South Plains Mall. Quick service and full-service restaurants are within a 5-10 minute drive.

Key Highlights

  • Iconic and recognizable office building with a uniquely designed glass and steel pyramid structure.
  • Recently underwent multi‑million dollar renovations, including elevator modernization and common area upgrades.
  • Full‑service rates include utilities, 5‑day custodial service, and full‑time maintenance.

Property Analytics

Current Use

Stephen Butts - Private ... Financial Advisor Agnew Associates Inc: ... Construction Company Lynnette Greak, M.Ed.,LPC Counselor Liesl L. Olson, ... Physician Bankers Life Insurance Agency

Suggested Use

Top Pick Building Supply Parking Lot & Garage Law Firm Food Market Kitchen & Bath Showroom Restaurant

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,362
Businesses Nearby

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

$19.28 /SF/Yr
Avg Asking Price
$15–$22.95 /SF/Yr
Price Range
9,618 SF
Avg Space Size

This space is priced 4% above the average of $19.28 /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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated office building with atrium, waterfall, and ample parking.
Where is this office building located?
The property is located at 3223 S Loop 289 Lubbock, TX.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Iconic and recognizable office building with a uniquely designed glass and steel pyramid structure.; Recently underwent multi‑million dollar renovations, including elevator modernization and common area upgrades.; Full‑service rates include utilities, 5‑day custodial service, and full‑time maintenance.
(806) 784-3265 Call to check price and availability
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