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Former QSR | DriveThru Equipped 5004 Slide Rd 2,492 SF Retail Building Lubbock, TX 79414 $675,000 ($270.87/SF)
Investment Highlights
- Drive-Thru Equipped | High Traffic Intersection | Proximity to Major Thoroughfares
- Strong Demographics In 5-Mile Trade Area
- Canyon West | South Plains Mall | Dense Retail Corridor |Texas Tech University (40,700 Students)
Executive Summary
• The subject property is located near the signalized, hard corner intersection of 50th Street and Slide Road which combine to average over 47,900 vehicles passing by daily
• The asset is located in close proximity to several major retail and commuter thoroughfares including State Highway 327 (41,300 VPD), State Highway 289 (76,100 VPD), and U.S. Highway 62 (45,500 VPD)
• The asset is located in close proximity to several major retail and commuter thoroughfares including State Highway 327 (41,300 VPD), State Highway 289 (76,100 VPD), and U.S. Highway 62 (45,500 VPD)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,492 SF
Building Class
C
Year Built/Renovated
1996/2010
Price
$675,000
Price Per SF
$270.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.35 AC
Parking
22 Spaces (8.83 Spaces per 1,000 SF Leased)
Frontage
75’ on Slide Rd
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R138134 | Improvements Assessment | $377,280 |
| Land Assessment | $90,720 | Total Assessment | $468,000 |
Property Taxes
Parcel Number
R138134
Land Assessment
$90,720
Improvements Assessment
$377,280
Total Assessment
$468,000
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Former QSR | DriveThru Equipped | 5004 Slide Rd
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