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- LoopNet Team
1902 34th St
Lubbock, TX 79411
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 1902 34TH ST , LUBBOCK, TX 79411
NEW 5 YEAR LEASE with (2) options for 5 year extensions with 2% increases every (2) years. This Central Lubbock Investment property located in the dense retail/restaurant area of 34th Street offers 1,350 SF of restaurant space with approximately 864 SF of covered patio space. Property was renovated in 2011 and has approximately 15 parking spaces, signage, ada restrooms, drive-thru window, and outdoor seating. Currently occupied by Hub City Wings Restaurant Quick access to all parts of the city via Marsha Sharp Freeway. PROFORMA DOES NOT REFLECT HVAC AND ROOF REPAIRS OF APPX. $15,000. LEASE IS CONTINGENT ON REPAIRS. Property lends itself to multiple use possibilities for an owner/user, investor, or redevelopment opportunity. 34th Street is a well-traveled thoroughfare which has been subject to many improvements in the last few years.
PROPERTY TAXES
| Parcel Number | R72483 | Improvements Assessment | $74,636 |
| Land Assessment | $32,500 | Total Assessment | $107,136 |
PROPERTY TAXES
