421 Frankford Ave Lubbock, TX 79416-4188
This exceptional 1,320 square foot retail space, located at 421 Frankford Avenue in Lubbock, Texas, presents a fantastic opportunity for a restaurant operator. Built in 2000, this single-story building sits on a single lot and offers a completely vacant space ready for immediate occupancy. The property is zoned C-3, allowing for a variety of commercial uses. The building features a total of 1,320 square feet, spread across one suite. The property's prime location at the intersection of 4th Street and Frankford Avenue boasts high visibility and significant traffic, with over 12,500 vehicles passing daily. This high-traffic area ensures excellent exposure for your business. The asking rent is $17 per square foot, with taxes, insurance, and CAM charges totaling $6.50 per square foot. A security deposit equal to the first month's rent is required. Tenant finish-out is negotiable, providing flexibility to customize the space to meet your specific needs. The property's APN is R148268, and it is situated in Lubbock County, Texas, zip code 79416. Note that this space does not include a venthood. This is an ideal location for a thriving business in a high-traffic area.
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Cyrus Kabob Restaurant
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Los Victor's Mexican food California style #17 Restaurant
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Dimba's Chicken & Seafood Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXLubbock. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.