7902 University Ave | Lubbock, TX 79423
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7902 University Ave
Lubbock, TX 79423
KFC (Dark) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- $800K KFC in Lubbock, TX - 7.5% CAP
- Upside Potential - Tenant Vacated Site but Still Has Over $500K of Rent Payments Remaining Under Primary Term of Lease
- Great Access/Visibility Along University Ave Featuring 30,000+ VPD in Front of Subject Property
- 8+ Years Remaining on Lease
- Lease Guaranteed by 100+ Unit Operator
- Lubbock has a Population of 266,000 Residents and is Home to Texas Tech - 41,000 Students (6th Largest University in Texas)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,360 SF
Building Class
B
Year Built/Renovated
1987/2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.55 AC
Parking
24 Spaces (7.48 Spaces per 1,000 SF Leased)
Frontage
109’ on University Ave
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R55176 | Improvements Assessment | $374,179 |
| Land Assessment | $215,109 | Total Assessment | $589,288 |
PROPERTY TAXES
Parcel Number
R55176
Land Assessment
$215,109
Improvements Assessment
$374,179
Total Assessment
$589,288
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