6105 Slide Rd | Lubbock, TX 79414
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- LoopNet Team
6105 Slide Rd
Lubbock, TX 79414
Slide Road Plaza Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Original 20 year Ground Lease with Texas Roadhouse (Feb 2023 Commencement)
- Potential Value Add should TXRH decide to develop on the parking lot as the rent they are paying would increase 1.4X of the then current rate.
- Aaron's has 5+ years left on their primary term with 2% annual bumps in Base rent
- Largest Texas Roadhouse in the World
- Prime Location on Slide Road & S. Loop 289 (Across from the South Plains Mall)
- Full NNN Leases and recovery of up to a 5% Management fee
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
35,516 SF
Year Built/Renovated
1988/2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
4.17 AC
Parking
255 Spaces (7.18 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R137143 | Improvements Assessment | $1,285,025 |
| Land Assessment | $914,975 | Total Assessment | $2,200,000 |
PROPERTY TAXES
Parcel Number
R137143
Land Assessment
$914,975
Improvements Assessment
$1,285,025
Total Assessment
$2,200,000
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