5052 Frankford Ave | Lubbock, TX 79424
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5052 Frankford Ave
Lubbock, TX 79424
Poliberto's Taco Shop (New 7-Yr Abs. NNN) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 7-Yr Corporate Guaranteed Lease | Personally Guaranteed by Owner of Poliberto's Taco Shop LLC
- Poliberto's Taco Shop will have 8 Total Locations by Early Q1 2022 (3 Sites in Lubbock, TX & 5 Sites in Arizona)
- New HVAC Units Installed in 2018 & Recently Serviced | Parking Lot Repaired in 2021
- Absolute NNN Lease | Zero Landlord Responsibilities
- Priced Below Replacement Cost | Drive-thru Equipped
- Roof Repairs Made in 2021 | New 5/yr. Roof Warranty
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,218 SF
Building Class
C
Year Built/Renovated
2002/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.71 AC
Parking
30 Spaces (9.32 Spaces per 1,000 SF Leased)
Frontage
144’ on Frankford Ave
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R309411 | Improvements Assessment | $667,884 |
| Land Assessment | $186,350 | Total Assessment | $854,234 |
PROPERTY TAXES
Parcel Number
R309411
Land Assessment
$186,350
Improvements Assessment
$667,884
Total Assessment
$854,234
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