4302 Avenue QLubbock, TX 79412
- Retail properties
- 950 SF
Property Details for 4302 Avenue Q
- Year built
- 1972
- Property size (Sq ft)
- 950 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a thriving liquor store located at 4302 Avenue Q, Lubbock, TX 79412. The property boasts 950 square feet of retail space situated on a 7,935 square foot lot, zoned HC (Heavy Commercial). Built in 1972, this single-story building is currently 100% occupied and generates substantial revenue. The asking price is $400,000, with annual gross sales exceeding $680,000 and an additional $40,000 in annual gross lottery sales. The property enjoys a strong net operating income (NOI) of $130,000 annually and annual property taxes of $1,050. This turnkey operation offers significant potential for continued growth and profitability. Inventory and equipment are available for separate purchase. Note that three additional businesses are available for purchase, but not included in this real estate offering. The property's APN is R49546. This is a rare chance to acquire a well-established, high-performing business in a prime Lubbock location.
Location Insight
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Latitude
- 33.5549
- Longitude
- -101.855
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at support@realmo.com and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.