2505 82nd St | Lubbock, TX 79423
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- LoopNet Team
2505 82nd St
Lubbock, TX 79423
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Popeye's 20 Year Absolute NNN Sale Leaseback South Outer Lubbock Subarea
- Complete New Popeye's Prototype Remodel Within the First Two Years of New Lease, by 2024
- Popeye's Louisiana Kitchen Restaurant Located in Lubbock, Texas Population 258,862 and 11th Most Populous City in Texas
- Strong 140+ Unit Franchisee Guarantee
- 7.55% Rent Increases Every 5 Years During the Base Term and Options
- Numerous Retailers in Close Vicinity to Popeye's Including Walgreens, Sam's Club, United Supermarkets, and Prosperity Bank
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,000 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Lot Size
60.00 AC
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
114’ on 82nd St
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R159815 | Improvements Assessment | $377,351 |
| Land Assessment | $233,649 | Total Assessment | $611,000 |
PROPERTY TAXES
Parcel Number
R159815
Land Assessment
$233,649
Improvements Assessment
$377,351
Total Assessment
$611,000
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