NNN Drive-Through
For Sale
Contact for pricing
Pending
5508 4th St, Lubbock, TX 79416
Freestanding Slim Chickens restaurant operated under an absolute NNN lease with no landlord responsibilities.
Property SizeContact for details
Days on Market141
Property Features for 5508 4th St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Northmarq - Chicago
(312) 858-6725
Listed By:
Christian Tremblay · License #475165868
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:38AM
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 Northmarq - Chicago
Investment Insights
Based on property information with market context.
The offering includes fee simple ownership of a freestanding Slim Chickens restaurant in Lubbock, Texas. The building contains 2,570 square feet and sits on a 0.69-acre parcel with a drive-through configuration.
The property is leased on an absolute NNN basis, with zero landlord responsibilities identified in the lease structure. Contractual rent escalations are set at 10.00% every 5 years during the base term and continue through each of the four option periods. The asset is located at 5508 4th St, Lubbock, TX 79416.
The property is leased on an absolute NNN basis, with zero landlord responsibilities identified in the lease structure. Contractual rent escalations are set at 10.00% every 5 years during the base term and continue through each of the four option periods. The asset is located at 5508 4th St, Lubbock, TX 79416.
Key Highlights
- 2,570‑square‑foot freestanding drive‑thru restaurant
- 0.69‑acre parcel of land
- Slim Chickens operating under an absolute NNN lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
447k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Superstores 33%
Shops & Services 15%
Leisure 4%
Walmart
Superstores
132,175 visits/mo
0.4 miles
Raising Cane's Chicken Fingers
Dining
36,059 visits/mo
0.1 miles
Whataburger
Dining
34,443 visits/mo
0.0 miles
Dollar Tree
Shops & Services
24,054 visits/mo
0.0 miles
Murphy USA
Shops & Services
21,374 visits/mo
0.1 miles
Demographics for 79416, TX
36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding Slim Chickens restaurant operated under an absolute NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 5508 4th St Lubbock, TX.
What are key features of this property?
This property features: 2,570‑square‑foot freestanding drive‑thru restaurant; 0.69‑acre parcel of land; Slim Chickens operating under an absolute NNN lease
