This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

1900 W 5th St
Plainview, TX 79072
KFC · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 20-Year Triple-Net (NNN) Sale-Leaseback
  • Four (4), Five (5)-Year Tenant Renewal Options
  • In Close Proximity to Wayland Baptist University – 5,000+ Students Enrolled
  • 1.25% Annual Rental Increases Starting in Year 6
  • 45-Unit Franchisee Guarantee from Ampex Brands, LLC
  • Strategically Located Directly on 5th Street– Attractive Traffic Counts of 17,400 Vehicles Per Day

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,720 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.45 AC
Frontage
227’ on 5th St

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

ABOUT 1900 W 5TH ST , PLAINVIEW, TX 79072

This KFC property is located at 1900 West 5th Street in Plainview, Texas. The property is in a densely populated area surrounded by local schools, country clubs, and the County Airport. There are approximately 23,600 people within a three-mile radius of this property and 26,700 within a five-mile radius. This is also a very busy area in which KFC will benefit from excellent traffic counts on West 5th Street and Interstate 27, a major thoroughfare less than two miles from the subject property. These two roads have an average daily traffic count of 17,400 and 11,200 vehicles, respectively. The subject KFC is situated in a dense retail corridor surrounded by various local and nationally recognized tenants. Major national retailers in the area include: McDonald’s, Taco Bell, Little Caesars, Domino’s, Walmart, IHOP, CVS Pharmacy, Walgreens, and several others. Hotels in the area include Comfort Suites, Super 8, Days Inn, and Holiday Inn Express, each accommodating interstate 27 travelers. Local schools in the area include Plainview High School, College Hill Elementary School and Highland Elementary School, both of which are located within a mile of the subject property. Additionally, Wayland Baptist University is less than a half-mile from the subject property and enrolls over a thousand undergraduate students. Plainview is a city in and the county seat of Hale County, Texas. Plainview is located 40 miles north of Lubbock, Texas. Lubbock is in the northwestern part of the state. It is the 85th most populous city in the US and the 11th most populous city in Texas. The city is the economic center of the Lubbock Metropolitan Area. Lubbock’s nickname, “Hub City”, derives from it being the economic, education, and health care hub of the multicounty region, north of the Permian Basin and south of the Texas Panhandle, commonly called the South Plains. The area is the largest contiguous cotton-growing region in the world and is heavily dependent on water drawn from the Ogallala Aquifer for irrigation. Lubbock was selected as the 12th best place to start a small business by CNNMoney.com. The 10 largest employers in terms of the number of employees are Texas tech University, Covenant Health System, Lubbock Independent School District, University Medical Center, United Supermarkets, City of Lubbock, Texas Tech University Health Sciences Center, AT&T, Convergys, and Lubbock County. A study conducted by a professor at the Rawls College of Business determined that Texas Tech Students, faculty and staff generate about $1.5 billion, with about $297.5 million from student shopping alone.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23137
Land Assessment
$84,000
Improvements Assessment
$354,778
Total Assessment
$438,778
  • Listing ID: 15306143

  • Date on Market: 2/28/2019

  • Last Updated:

  • Address: 1900 W 5th St, Plainview, TX 79072

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}