1415 University Ave | Lubbock, TX 79401
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- LoopNet Team
1415 University Ave
Lubbock, TX 79401
7 Brew Coffee | Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Texas Tech Campus Location - Underlying Real Estate on University Avenue is Scarce, Creating Limited Ownership Opportunities
- Across the Street from Texas Tech University Campus (40,500+ Students Enrolled) and Directly Across from Many of the Universities Residence Halls
- Located at the Signalized Intersection of University Drive (Main Road for Texas Tech University Campus), & 15th St. (49,118+/- Combined VPD)
- Brand New 2023 Construction with a 15-Year Absolute NNN Ground Lease and 10% Rental Increases Every 5 Years
- Near Jones AT&T Stadium - Home to the Texas Tech Red Raider’s Football Program - Capacity of 60,454
- 7 Brew is a One of a Kind Concept with a Double Drive-Thru and Convenient Walk-Up Window, an Ideal Concept for College Students
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
510 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.29 AC
PROPERTY TAXES
| Parcel Number | R61366 | Improvements Assessment | $270,373 |
| Land Assessment | $127,500 | Total Assessment | $397,873 |
PROPERTY TAXES
Parcel Number
R61366
Land Assessment
$127,500
Improvements Assessment
$270,373
Total Assessment
$397,873
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