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    3223 Loop 289 Lubbock, TX 79423

    For Lease
    $20 SF/Yr

    Lubbock, TX Office Space Available

    Lot size:
    96,404 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Pyramid Plaza, a six-story, 96,404 square foot office building in Lubbock, Texas, offers executive and traditional office spaces ranging from 893 to 9,869 square feet. Currently undergoing a multi-million dollar renovation, including elevator modernization, lighting upgrades, and common area improvements, this iconic Lubbock landmark boasts a stunning atrium with a waterfall and multiple seating areas. The building provides 532 off-street parking spaces (6+ spaces per 1,000 sq ft of leasable area), 24-hour access with controlled card access and security cameras, and fiber connectivity through AT&T, Vexus Fiber, and Suddenlink. Full-service rates include utilities, custodial service, and full-time maintenance. Located at 3223 S Loop 289, Lubbock, TX 79423, this prime location offers easy access to Texas Tech University, Lubbock Christian University, the medical district, the central business district, and South Plains Mall. Numerous restaurants are within a short drive. The building is ideal for businesses of all sizes, from small offices to large corporate headquarters, with 19 spaces currently available. Built in 1981, this property offers a blend of modern amenities and classic design.

    Property Features for 3223 Loop 289

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,404 SF
    Total Rate
    160673.33

    Building Details

    Year Built
    1981
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 460
    Size
    4,237 SF
    Rate per SF
    $20
    Space
    Suite 140-240
    Size
    5,925 SF
    Rate per SF
    $20

    HighLights

    • Locally Owned & Operated
    • Landmark Building on South Loop 289
    • Full‑Service Leases with Utilities & Janitorial Included
    • On‑Site Maintenance Staff
    • High‑Speed Fiber Internet from Multiple Providers
    • Professionally Managed by Coldwell Banker Commercial
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stephen Butts - Private ... Financial Planner Agnew Associates Inc: ... Mechanical Engineer Lynnette Greak, M.Ed.,LPC Counselor Liesl L. Olson, ... Physical Therapist Bankers Life Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8844177
    Latitude
    33.5281327

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    FAQs

    What type of property is this?
    Office Property / Space - Lubbock, TX Office Space Available
    Where is this office property / space located?
    The property is located at 3223 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: Locally Owned & Operated; Landmark Building on South Loop 289; Full-Service Leases with Utilities & Janitorial Included
    Request Owner's contact information
    3223 Loop 289 Lubbock, TX 79423
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    Lubbock, TX 79423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3223 Loop 289 Lubbock, TX 79423
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