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Restaurant Space on Key Avenue
For Lease
$2,000/Mo

1004 S Key Avenue, Lampasas, TX 76550

Ready-to-go restaurant space with highway frontage and sidewalk traffic.

Space SizeContact for details
Property Size960 SF
Days on Market116

Property Features for 1004 S Key Avenue

General Information

Standard status Active
Size 960 SF
Zoning Commercial

Building Details

Building Size 960 SF
Year Built 1940
Stories 1
Units 1
Listing Agency: TEXAS REAL ESTATE SALES
Listed By: Leah Caruthers · License #0561403
Source: Signaturere
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 14 at 1:49PM

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 TEXAS REAL ESTATE SALES

Investment Insights

Based on property information with market context.

This ready-to-go restaurant space is located on Key Avenue in Lampasas, where three major US highways converge. The 960 square-foot property is situated between Mojos and Donut Palace. The interior provides ample seating, and there is potential for establishing outdoor seating. The property features busy highway frontage and sidewalk traffic. It includes an ADA restroom and additional rooms for storage. The current tenant's success did not require a drive-through.

Key Highlights

  • High‑traffic highway frontage on Key Avenue.
  • Ready‑to‑go restaurant space.
  • Located between two established businesses (Mojos and Donut Palace).

Property Analytics

Current Use

Western Avenue Dawgs Restaurant

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Dental Office Pharmacy Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76550, TX

12,840
Population
6,129
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
541.5 sq mi
ZIP Area
24
Density / Sq Mi
$73,697
Median Household Income
$34,970
Median Earnings
$902
Median Rent
$237,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Ready-to-go restaurant space with highway frontage and sidewalk traffic.
Where is this conventional restaurant located?
The property is located at 1004 S Key Avenue Lampasas, TX.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: High‑traffic highway frontage on Key Avenue.; Ready‑to‑go restaurant space.; Located between two established businesses (Mojos and Donut Palace).
More about this property
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