Net-Leased Restaurant
For Sale
Contact for pricing
2608 Salem Ave, Lubbock, TX 79414
Newly renovated, net-leased restaurant with outdoor billboard providing additional annual revenue.
Property SizeContact for details
Days on Market122
Property Features for 2608 Salem Ave
General Information
Standard status
Active
Property subtype
Retail
Amenities
outdoor billboard
Listing Agency:
Brad Andrews Realty, LLC
Listed By:
Brice Kelly · License #TX 643555
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 11:01AM
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 Brad Andrews Realty, LLC
Investment Insights
Based on property information with market context.
This net-leased investment features an established restaurant that has been newly renovated. The property is presented as an easy-to-operate, tenant-occupied option with a minimum 5-year lease willingness noted in the offering. In addition to the restaurant, the property includes an outdoor billboard that is currently generating additional revenue of $3,500 per year.
The restaurant is described as having excellent visibility and convenient access from other parts of Lubbock. It is positioned near Texas Tech and the Medical District.
For buyers seeking a straightforward, income-focused asset, this offering combines a renovated restaurant with a supplementary billboard revenue stream under the stated net-leased structure.
The restaurant is described as having excellent visibility and convenient access from other parts of Lubbock. It is positioned near Texas Tech and the Medical District.
For buyers seeking a straightforward, income-focused asset, this offering combines a renovated restaurant with a supplementary billboard revenue stream under the stated net-leased structure.
Key Highlights
- Net‑leased restaurant investment with newly renovated property
- Tenant is willing to sign a minimum 5‑year lease
- Includes an outdoor billboard generating additional revenue of $3,500/yr
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,059
Businesses Nearby
164k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 62%
Shops & Services 19%
Dining 8%
Hotels & Casinos 5%
Market Street
Groceries
101,047 visits/mo
0.4 miles
United Express Fuel
Shops & Services
31,686 visits/mo
0.5 miles
Starbucks
Dining
9,805 visits/mo
0.3 miles
Great Clips
Beauty & Spa
6,348 visits/mo
0.5 miles
Hawthorn Suites by Wyndham Lubbock
Hotels & Casinos
4,419 visits/mo
0.3 miles
Demographics for 79414, TX
17,537
Population
9,219
Households
1.9
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
5,480
Density / Sq Mi
$49,637
Median Household Income
$32,127
Median Earnings
$1,100
Median Rent
$150,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Doc's Cafeteria — 4919 34th St, Lubbock, TX 79410
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Newly renovated, net-leased restaurant with outdoor billboard providing additional annual revenue.
Where is this conventional restaurant located?
The property is located at 2608 Salem Ave Lubbock, TX.
What are key features of this property?
This property features: Net‑leased restaurant investment with newly renovated property; Tenant is willing to sign a minimum 5‑year lease; Includes an outdoor billboard generating additional revenue of $3,500/yr
