Net-Leased KFC
For Sale
Contact for pricing
215 University Avenue, Lubbock, TX 79415
Single-tenant absolute triple-net KFC sale-leaseback with a guaranteed lease from Ampex Brands.
Property Size2,800 SF
Lot Size0.55 Acres
Days on Market125
Property Features for 215 University Avenue
General Information
Standard status
Active
Size
2,800 SF
Lot size
0.55 Acres
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 5:07PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This single-tenant absolute triple-net (NNN) sale-leaseback features a KFC restaurant building totaling 2,800 square feet on approximately 0.55 acres of land. The lease will commence upon the close of escrow and is described as an absolute triple-net obligation.
Ampex Brands operates the KFC location under a lease guaranteed by Ampex Brands, LLC. The guarantor is stated to comprise 45 units, and Ampex Brands operates this KFC location along with over 500 other restaurant units.
The current rent is $83,205, and rent is subject to 1.25% annual increases starting in year six. The lease also includes four, five-year tenant renewal options.
Ampex Brands operates the KFC location under a lease guaranteed by Ampex Brands, LLC. The guarantor is stated to comprise 45 units, and Ampex Brands operates this KFC location along with over 500 other restaurant units.
The current rent is $83,205, and rent is subject to 1.25% annual increases starting in year six. The lease also includes four, five-year tenant renewal options.
Key Highlights
- 2,800 SF single‑tenant KFC on approximately 0.55 acres at 215 West University Avenue in Lubbock, TX
- Absolute triple‑net (NNN) sale‑leaseback with lease commencing upon close of escrow
- Ampex Brands operates the KFC and holds a lease guarantee via Ampex Brands, LLC
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
262k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 20%
Groceries 15%
Hotels & Casinos 6%
Chick-fil-A
Dining
50,980 visits/mo
0.1 miles
Amigos
Groceries
38,826 visits/mo
0.3 miles
McDonald's
Dining
31,146 visits/mo
0.2 miles
United Express Fuel
Shops & Services
19,514 visits/mo
0.3 miles
SONIC Drive In
Dining
19,363 visits/mo
0.2 miles
Demographics for 79415, TX
17,499
Population
7,225
Households
2.4
Avg Household Size
30
Median Age
26%
College-Educated
77%
High-School Grad
67.8 sq mi
ZIP Area
258
Density / Sq Mi
$37,101
Median Household Income
$25,506
Median Earnings
$956
Median Rent
$94,000
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 - Single-tenant absolute triple-net KFC sale-leaseback with a guaranteed lease from Ampex Brands.
Where is this conventional restaurant located?
The property is located at 215 University Avenue Lubbock, TX.
What are key features of this property?
This property features: 2,800 SF single‑tenant KFC on approximately 0.55 acres at 215 West University Avenue in Lubbock, TX; Absolute triple‑net (NNN) sale‑leaseback with lease commencing upon close of escrow; Ampex Brands operates the KFC and holds a lease guarantee via Ampex Brands, LLC
