Second-Generation Restaurant with
For Lease
$20 SF/Yr
1003 University Avenue, Lubbock, TX 79401
Second-generation restaurant with dining, kitchen, and outdoor patio, designed for food, beverage, or café concepts near Texas Tech.
Days on Market50
Property Features for 1003 University Avenue
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Grease Trap
Yes
Listing Agency:
NAI Wheelhouse
(281) 788-1758
Listed By:
Shannon Powell · License #TX #767517
(281) 788-1758
Source:
Naiglobal
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 30 at 3:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Wheelhouse
Investment Insights
Based on property information with market context.
This second-generation restaurant space includes a dining area, order counter, and kitchen, along with an outdoor patio. The unit is set up for food service operations and includes a 1,000-gallon grease trap. Reserved employee parking is provided within the attached parking garage, supporting day-to-day team access.
The location is directly across from Texas Tech University within the U-Lofts development. The property is positioned for visibility and convenient access in a retail corridor supported by national retailers, restaurants, and dense student housing, with more than 40,000 students in the immediate campus area.
For tenants, this layout supports counter-based ordering and prepared food service, with the patio offering an outdoor option for guests. The presence of a grease trap sized for restaurant use and dedicated employee parking in the attached garage make the space particularly practical for food, beverage, or café concepts seeking a campus-adjacent footprint.
The location is directly across from Texas Tech University within the U-Lofts development. The property is positioned for visibility and convenient access in a retail corridor supported by national retailers, restaurants, and dense student housing, with more than 40,000 students in the immediate campus area.
For tenants, this layout supports counter-based ordering and prepared food service, with the patio offering an outdoor option for guests. The presence of a grease trap sized for restaurant use and dedicated employee parking in the attached garage make the space particularly practical for food, beverage, or café concepts seeking a campus-adjacent footprint.
Key Highlights
- Second‑generation restaurant space in the U‑Lofts development directly across from Texas Tech University
- Includes dining area, order counter, kitchen, and outdoor patio
- 1,000‑gallon grease trap on site
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Grease trap
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
69k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 92%
Hotels & Casinos 8%
Whataburger
Dining
17,254 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
13,508 visits/mo
0.2 miles
7 Brew Coffee
Dining
12,909 visits/mo
0.3 miles
Velvet Taco
Dining
6,308 visits/mo
0.2 miles
Jimmy John's
Dining
6,113 visits/mo
0.2 miles
Demographics for 79401, TX
8,775
Population
4,813
Households
1.8
Avg Household Size
26
Median Age
26%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
3,510
Density / Sq Mi
$27,255
Median Household Income
$20,570
Median Earnings
$1,048
Median Rent
$101,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second-generation restaurant with dining, kitchen, and outdoor patio, designed for food, beverage, or café concepts near Texas Tech.
Where is this conventional restaurant located?
The property is located at 1003 University Avenue Lubbock, TX.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Second‑generation restaurant space in the U‑Lofts development directly across from Texas Tech University; Includes dining area, order counter, kitchen, and outdoor patio; 1,000‑gallon grease trap on site
