Double Drive-Thru NNN
For Sale
Contact for pricing
5212 SLIDE RD, Lubbock, TX 79414
Absolute NNN ground lease with a double drive-thru restaurant and Dutch Bros corporate guarantee.
Property Size2,170 SF
Price / SF$921.66
Days on Market126
Property Features for 5212 SLIDE RD
General Information
Standard status
Active
Size
2,170 SF
Class
A
Property subtype
Retail
Zoning
Commercial
Lease Type
Absolute Net
Net Operating Income
$103,950
Building Details
Year Built
2021
Units
18
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License #298998
(888) 737-2264
Source:
Crexi
Added: May 8
Changed: Sep 8
Last Checked: Sep 10 at 7:17AM
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 Bang Realty
Investment Insights
Based on property information with market context.
This property is a double drive-thru restaurant built on an 28,369-square-foot parcel, featuring approximately 2,170 square feet of building area. The ground lease is structured as an absolute NNN arrangement with zero landlord responsibilities.
The lease is guaranteed by Dutch Bros (NYSE: BROS) and has 10.8 years remaining on an initial 15-year term, with three (3) five-year options. The property is positioned on Slide Road, a major arterial with 31,689 vehicles per day traffic. Within 5 miles, the trade area includes 244,229 residents with an average household income of $94,256.
The asset is presented as a passive ownership NNN ground lease opportunity backed by the corporate guarantee.
The lease is guaranteed by Dutch Bros (NYSE: BROS) and has 10.8 years remaining on an initial 15-year term, with three (3) five-year options. The property is positioned on Slide Road, a major arterial with 31,689 vehicles per day traffic. Within 5 miles, the trade area includes 244,229 residents with an average household income of $94,256.
The asset is presented as a passive ownership NNN ground lease opportunity backed by the corporate guarantee.
Key Highlights
- Absolute NNN ground lease described as passive ownership with zero landlord responsibilities
- 15‑year absolute NNN lease with approximately 10.8 years remaining and three (3) five‑year options
- Lease has 10% rent increases every 5 years
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Apparel 16%
SONIC Drive In
Dining
19,518 visits/mo
0.1 miles
Denny's
Dining
8,548 visits/mo
0.2 miles
Once Upon A Child
Apparel
5,300 visits/mo
0.4 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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute NNN ground lease with a double drive-thru restaurant and Dutch Bros corporate guarantee.
Where is this drive through restaurant located?
The property is located at 5212 SLIDE RD Lubbock, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Absolute NNN ground lease described as passive ownership with zero landlord responsibilities; 15‑year absolute NNN lease with approximately 10.8 years remaining and three (3) five‑year options; Lease has 10% rent increases every 5 years
