7615 B University Ave | Lubbock, TX 79423
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- LoopNet Team
7615 B University Ave
Lubbock, TX 79423
Wienerschnitzel | 10+ Yrs Remaining | Abs NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10 Years Remaining on Absolute Triple-Net (NNN) Lease - 5+ Unit Franchisee
- 186,671 Residents within a Five-Mile Radius in Growing Lubbock Trade Area - Projected to Increase Nearly Six Percent Over the Next Five Years
- Excellent Visibility Along University Avenue (35,900 Cars per Day)
- Annual Rental Increases Throughout the Lease Term and Renewal Options
- Situated Along a Dense Retail Corridor Surrounded by National Tenants - Target, Cinemark, Taco Bell, Buffalo Wild Wings, Whataburger, and More
- Located Immediately Off TX Loop 289 (51,300 Cars per Day), a Primary Connector for the Lubbock Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,758 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.66 AC
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
109’ on University Ave
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R169341 | Improvements Assessment | $512,800 |
| Land Assessment | $144,000 | Total Assessment | $656,800 |
PROPERTY TAXES
Parcel Number
R169341
Land Assessment
$144,000
Improvements Assessment
$512,800
Total Assessment
$656,800
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