Bluebonnet Tower$21.99 – $26.77/SF/yr FS
1459 University Ave
120,400 SF of Office space available at 1459 University Ave, Lubbock, TX 79401. For Sale through Summit Advisory Group.
For SaleStatus
120,400 SFAvailable
$28.43/SFAsking rent
$40.77MAsking price
6.73%Cap rate
AClass
Property facts
| Property type | Office |
|---|---|
| Building class | A |
| Rentable area | 120,400 SF |
| Available | 120,400 SF |
| Stories | 4 |
| Typical floor | 30,100 SF |
| Lot size | 1.27 acres |
| Parking ratio | 1.6/1,000 SF |
| Zoning | IL |
| Parcel ID | 92-254-5015 |
| Submarket | Lubbock |
| Market | Lubbock |
| Days on market | 156 |
| Walk Score | 68 |
| Transit | Highway access I-635 |
| Listing package | Platinum |
Building amenities
Banking, Food Service, 24 Hour Access
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 3rd | Coworking | Direct | 26,680 | $24.49/SF | Negotiable | Nov 2025 |
| P 4th | Retail | Sublet | 30,720 | On request | Thru Oct 2029 | Vacant |
| P 2nd | Off/Ret | Direct | 20,090 | On request | Negotiable | Vacant |
| P 3rd | Off/Ret | Sublet | 3,410 – 7,820 | $29.13/SF | Thru Dec 2028 | Vacant |
| P 4th | Off/Ret | Direct | 13,770 | On request | Negotiable | 30 Days |
| P 1st | Medical | Direct | 1,150 – 6,420 | $31.74/SF | Negotiable | Vacant |
| P 1st | Coworking | Direct | 4,870 | On request | Negotiable | Jan 2027 |
| P 3rd | Office | Direct | 1,040 – 3,560 | $30.55/SF | Negotiable | Vacant |
| P 4th | Office | Sublet | 1,430 | $29.10/SF | Thru Dec 2028 | Vacant |
| P 3rd | Retail | Direct | 1,140 | $30.10/SF | Negotiable | Vacant |
| P 3rd | Office | Direct | 570 – 1,790 | $24.66/SF | Negotiable | Vacant |
| P 2nd | Medical | Direct | 80 – 500 | $26.40/SF | Negotiable | Vacant |
| P 2nd | Office | Direct | 330 – 1,610 | $27.69/SF | Negotiable | Vacant |
Public record
| Owner of record | Ironwood Capital Partners LLC |
|---|---|
| Assessed value | $13.61M |
| Land value | $3.63M |
| Improvement value | $9.98M |
| Annual tax | $208K |
| Tax year | 2026 |
| Lot size | 55,321 SF |
| Last deed | 2023-06-01 |
| Deed type | Grant Deed |
| Legal description | LOT 40 BLK 358 LUBBOCK ADDN |
Location
1459 University Ave
Lubbock, TX 79401
Lubbock submarket · Lubbock market
33.63995, -101.89238
Open in RealStarListing package
Platinum — High placement above Gold.
High placement, professional photography and 3D tour hosting, targeted display advertising to matched investor and tenant-rep audiences, plus retargeting.
Compare packages →Similar office properties in Lubbock, TX
Century Building$20.60 – $25.07/SF/yr FS
Brazos Tower$22.03 – $26.82/SF/yr FS
Legacy Gateway$175.88M · 8.39% cap
Explore this market
Office for lease in LubbockOffice for sale in LubbockAll CRE in LubbockLubbock market reportLubbock brokersOffice Spaces nationwide
Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.