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$2,500
Est. payment /mo
2,060 SqFt
Active
811 50th Street Lubbock, TX 79404
UPDATED:
09/09/2024 04:33 PM
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 2,060 sqft
Price per Sqft $1
Subdivision 208
MLS Listing ID 202412851
Lot Size 0.337 Acres
Acres 0.3373
Property Description
Highly desirable restaurant space available for lease on the corner of busy I-27 and 50th Street in Lubbock, TX. The property features stainless steel finishes, a vent hood with an up-to-date ANSL fire suppression system, a 1000-gallon grease trap, an office, a walk-in freezer, a double-sided drive-through, and a large parking area with 25 spots. Kitchen equipment is available for sale. The advertised rental rate reflects a five-year lease with a landlord-discounted base monthly rate of $2500.00 for the first 12 months, with a six-month advanced payment of the full rental rate. The base rental amount adjusts to the current market rate of $3300.00 monthly for years two through five.
Location
State TX
County Lubbock
Area 2
Zoning 2
Direction On Southeast corner of I-27 and 50th street in Lubbock, TX
Interior
Heating Central Gas
Cooling Central Electric
Flooring Ceramic Tile
Heat Source Central Gas
Exterior
Exterior Feature Brick
Utilities Available City Sewer, ElectricityAvailable, NaturalGas Available, Private Water, Telephone
Road Frontage City, Interstate, Paved, US Highway
Total Parking Spaces 25
Building
Foundation Slab
Others
Tax ID R305645
Miscellaneous Cooler/Freezer,Fire Supression,Paved Parking,Security System
Listed by Realty One