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Property profile & analytics
OFF-MARKET
Restaurants

2101 Avenue Q Lubbock, TX 79411

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Restaurants
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Que Apartments Property Management Company Apartment Complex
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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