Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Alternative Medicine Practice
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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