212 University Ave | Lubbock, TX 79415
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- LoopNet Team
212 University Ave
Lubbock, TX 79415
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Sale Leaseback
- Attractive Rental Increases | Lesser of Change in CPI or One and a Quarter Percent (1.25%) Annually Starting in Year 3
- Triple Net (NNN) Lease with Zero Landlord Responsibilities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,747 SF
Building Class
C
Year Built
2022
Building Height
1 Story
Building FAR
0.07
Lot Size
0.90 AC
Frontage
273’ on University Ave
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | R112484 | Improvements Assessment | $577,724 |
| Land Assessment | $102,276 | Total Assessment | $680,000 |
PROPERTY TAXES
Parcel Number
R112484
Land Assessment
$102,276
Improvements Assessment
$577,724
Total Assessment
$680,000
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