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- LoopNet Team
3229 50th St
Lubbock, TX 79413
Starbucks · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 3229 50TH ST , LUBBOCK, TX 79413
- Brand New 2019 Constructed property – Brand New 10 yr lease with no early termination clause - Strong Corporate Guarantee — Starbucks is rated BBB+ by S&P (NYSE: SBUX) - Located in the City Highway Loop, 2 miles from Texas Tech University (Over 37,000 Students) - Situated on 50th St just east of Indiana Ave, two Major Thoroughfares in Lubbock. Traffic Counts on 50th St Exceed 35,000 Vehicles per Day, with Traffic Counts Reaching almost 43,000 VPD on Indiana Ave - Located across the street from Monterey High School, which has an Enrollment of over 2,000 Students - Densely Populated Area – Nearly 230,000 Residents Within a 5-Mile Radius – an 11% Increase in the Last Several Years. Another 5% of Growth is Projected by 2024 - Surrounding National Retailers Include Market Street, CVS Pharmacy, Ross Dress for Less, Bealls, Home Depot, Dollar General and Many More - Estimated Rent commencement date of 11/1/2019
PROPERTY TAXES
| Parcel Number | R137168 | Improvements Assessment | $534,396 |
| Land Assessment | $100,000 | Total Assessment | $634,396 |
PROPERTY TAXES
