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Pizza Hut | Near TX Tech Univ | DrThru 3001 50th St 2,607 SF Retail Building Lubbock, TX 79413 $1,638,000 ($628.31/SF) 5.35% Cap Rate

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Investment Highlights

  • Hard Corner Intersection | Strong Traffic Counts
  • Monterey High School | Caprock Shopping Center | Texas Tech University (37,300 Students)
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

Single Tenant NN Investment Opportunity

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,607 SF
Building Class
C
Year Built
2006
Price
$1,638,000
Price Per SF
$628.31
Cap Rate
5.35%
NOI
$87,640
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.83 AC
Zoning
AC - Auto-Urban Commercial
Parking
23 Spaces (8.82 Spaces per 1,000 SF Leased)
Frontage
125’ on 50th St

Amenities

  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Founded in 1958 in Wichita, Kansas by brothers Dan and Frank Carney, Pizza Hut operates as a global pizza restaurant brand offering pan pizza, thin crust varieties, wings, pasta, and related menu items. The brand began franchising in 1959 and introduced its recognizable red-roof restaurant design in the 1960s. Pizza Hut expanded nationally and internationally through a predominantly franchised model, becoming one of the most recognizable names in the pizza restaurant category. Over time, Pizza Hut has shifted its operational focus toward delivery and carryout formats alongside traditional dine-in locations. The brand has also introduced menu and digital ordering updates as part of broader operational adjustments within a highly competitive restaurant sector. Pizza Hut is privately operated as a brand within its publicly traded parent company, Yum! Brands.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000

Nearby Major Retailers

Rent-A-Center
Starbucks
Rosa's Cafe
Planet Fitness
Market Street
Prosperity Bank
Jazzercise

Property Taxes

Property Taxes

Parcel Number
R310090
Land Assessment
$181,275
Improvements Assessment
$488,725
Total Assessment
$670,000
  • Listing ID: 35266294

  • Date on Market: 3/26/2025

  • Last Updated:

  • Address: 3001 50th St, Lubbock, TX 79413

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