Take 5 Car
For Sale
Contact for pricing
7401 University Ave, Lubbock, TX 79423
Absolute NNN lease with a 16-year base term and four renewal options.
Property Size5,060 SF
Lot Size0.94 Acres
Days on Market143
Property Features for 7401 University Ave
General Information
Standard status
Active
Size
5,060 SF
Lot size
0.94 Acres
Property subtype
Special Purpose
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:09PM
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.
The Take 5 Car Wash property includes roughly 5,060 rentable square feet of building space on an estimated 0.94-acre parcel. The asset is structured for sale subject to an absolute triple-net lease, with the initial term beginning at the close of escrow.
Located at 7401 University Ave in Lubbock, Texas, the property combines an operating car wash facility with a long-term lease structure. Base-term rent is scheduled to increase by 1.50% annually, and the lease includes four 5-year renewal options. The property is identified as a car wash asset within the automotive property category.
Located at 7401 University Ave in Lubbock, Texas, the property combines an operating car wash facility with a long-term lease structure. Base-term rent is scheduled to increase by 1.50% annually, and the lease includes four 5-year renewal options. The property is identified as a car wash asset within the automotive property category.
Key Highlights
- Take 5 Car Wash at 7401 University Ave, Lubbock, TX 79423
- Roughly 5,060 rentable square feet of building space
- Estimated 0.94‑acre parcel
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
223k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Superstores 40%
Shops & Services 12%
Electronics 3%
Target
Superstores
88,566 visits/mo
0.1 miles
McDonald's
Dining
34,871 visits/mo
0.2 miles
Wendy's
Dining
21,264 visits/mo
0.1 miles
Starbucks
Dining
16,933 visits/mo
0.4 miles
Valero Energy
Shops & Services
13,971 visits/mo
0.2 miles
Demographics for 79423, TX
42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
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?
Car wash - Absolute NNN lease with a 16-year base term and four renewal options.
Where is this car wash located?
The property is located at 7401 University Ave Lubbock, TX.
What are key features of this property?
This property features: Take 5 Car Wash at 7401 University Ave, Lubbock, TX 79423; Roughly 5,060 rentable square feet of building space; Estimated 0.94‑acre parcel
