811 50Th St Lubbock, TX 79404
- Turn key restaurants
- 2,060 SF
- 0.34 lot acres
Current Use by Public Records
- Premium Vapor Company / Vaporizer Store
Property Details for 811 50Th St
- Year built
- 1961
- Lot size
- 0.34 lot acres
- Property size
- 2,060 SF
- Property type
- Turn key restaurants
- APN
- R305645
- APU
- R305645
Description
This exceptional restaurant property, located at 811 50th Street in Lubbock, Texas, offers 2,060 square feet of space in a single-tenant building on a 14,692 square foot lot. Built in 1961 and renovated in 2005, the property boasts a highly desirable location at the corner of 50th Street and Interstate 27, ensuring high visibility and accessibility. The building features a modern kitchen with stainless steel finishes, a state-of-the-art vent hood equipped with an ANSL fire suppression system, and a substantial 1000-gallon grease trap. Additional amenities include a convenient office, a spacious walk-in freezer, and a double-sided drive-through for optimal customer service. Ample parking is provided with 25 spaces. The property is zoned F1-Real commercial (APN: R305645) and offers a unique opportunity for a thriving restaurant business. The lease terms include a five-year agreement with a discounted monthly rate of $2500 for the first year (requiring a six-month advance payment), increasing to $3300 monthly for years two through five. Existing kitchen equipment is available for separate purchase.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.844
- Latitude
- 33.5485
- CBSA code
- 31180
- CBSA name
- LUBBOCK, TX METROPOLITAN STATISTICAL AREA
