5501 Slide Rd - Fast Food FOR SALE
Lubbock, TX 79414 |
5501 Slide Rd
Lubbock, TX 79414
HIGHLIGHTS
- 14+ Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term Options.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $80k and over 235k People Residing within a 5-Mile Radius.
- The Franchisee, Stine Enterprises, operates over 80 Jack in the Box Restaurants, 14 Denny’s, and Over 20 Hawaiian Bros.
- Across the Street from South Plains Mall - a 1.2M+ Sq.Ft. Shopping Center featuring more than 120 shops, eateries, and department stores.
- Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System.
- Brand New 2024 High Quality Construction w/ Drive-Thru.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
HAWAIIAN BROS ISLAND GRILL W/ DR-THRU | NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
4000
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
53
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
R45654
