3605 34th St - Restaurant FOR SALE


Lubbock, TX 79410- Maedgen Area
$395,000 USD
3605 34th St, Lubbock, TX for Sale
$395,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

3605 34th St
Lubbock, TX 79410
Maedgen Area


HIGHLIGHTS

  • Incredible opportunity to own a well-established restaurant and building. Listing is Confidential please contact Broker for more information.

OVERVIEW

This established restaurant location at 3605 34th Street offers a premier opportunity for an owner-operator or investor to acquire a high-potential asset in a thriving Lubbock corridor. Please do not share listing information with staff. Strategic Investment Highlights Significant Capital Savings: As a second-generation restaurant, this property offers massive cost-saving advantages. Key restaurant infrastructure is already in place, drastically reducing the initial capital expenditure required for a new build-out. Operational Readiness: The property is designed for immediate transition, allowing for a much faster speed-to-market compared to starting with a raw shell. All kitchen equipment conveys with the property providing even more CapEx savings. Competitive Pricing: Offered at $395,000, this listing includes a unique opportunity involving not just one, but two locations of a well-established Lubbock restaurant. While the purchase price is specific to this location, the owner is also willing to negotiate taking over the lease of the south location as well. High-Visibility Location: Situated in a high-traffic area on 34th Street with easy access to both Loop 289 and I-27. Established Synergy: The property is located near popular local landmarks such as Holly Hop Ice Cream Shoppe and Caprock Cafe, benefiting from a steady flow of existing neighborhood traffic.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,499 SF

ZONING

-

APN/PARCEL ID

R108735

ASK ABOUT THIS PROPERTY

Matt NuckollsKW LubbockMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matt NuckollsKW LubbockMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.