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    2101 Avenue Q Lubbock, TX 79411

    Sponsored
    For Lease
    $8 SF/Yr

    Established eatery; full commercial kitchen.

    Lot size:
    3,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This thriving restaurant space, totaling 3,420 square feet, presents a unique investment opportunity. The property boasts a fully equipped commercial kitchen, including a powerful vent hood with fire suppression system, a 10-burner range, a flat-top grill, two walk-in coolers, ample dry storage, a dishwashing station, numerous working tables, and strategically placed floor drains and handwashing stations. The space is ideally suited for a variety of food service operations, from established restaurants to catering businesses and cafes. Benefiting from a built-in customer base of 98 apartments within the same building, this location ensures consistent foot traffic and potential for immediate revenue generation. Its prime location, within one mile of Texas Tech University and close to the Central Business District, guarantees high visibility and accessibility. The property is zoned CB-3 and offers convenient parking at 1923 Ave Q. The building underwent a complete renovation in 2014, ensuring modern and efficient facilities. With a daily traffic count of 33,602 vehicles, this location offers unparalleled exposure to potential customers. This turnkey operation is ready for a new owner to step in and capitalize on its established success and prime location.

    Property Features for 2101 Avenue Q

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,420 SF

    Unit(s) available at that property

    Space
    Size
    3,420 SF
    Rate per SF
    $8

    HighLights

    • 3,420 SF restaurant space with single‑tenant occupancy.
    • Fully equipped commercial kitchen including hood system, two walk‑in coolers, and ample prep space.
    • CB‑3 zoning, ideally located near Texas Tech University and the Central Business District.
    • Ample parking available at 1923 Ave Q.
    • Established customer base with 98 apartments in the same building.
    • High traffic count of 33,602 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Que Apartments Property Management Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.85530613324
    Latitude
    33.575514752475

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    FAQs

    What type of property is this?
    Restaurant - Established eatery; full commercial kitchen.
    Where is this restaurant located?
    The property is located at 2101 Avenue Q Lubbock, TX.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 3,420 SF restaurant space with single-tenant occupancy.; Fully equipped commercial kitchen including hood system, two walk-in coolers, and ample prep space.; CB-3 zoning, ideally located near Texas Tech University and the Central Business District.
    Request Owner's contact information
    2101 Avenue Q Lubbock, TX 79411
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    Lubbock, TX 79411
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2101 Avenue Q Lubbock, TX 79411
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