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8101 Indiana Ave
Lubbock, TX 79423

$715,000 USD

Restaurant For Sale  •  2,400 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 630 SF
  • Lot Size 0.3 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 6.71 %
  • Tenancy Single
  • Zoning Real Commercial
19 Transit Score
77 Walk Score

Highlights

Absolute NNN Ground Lease (zero landlord responsibilities)
10% automatic rent escalation in year-6
4 x 5-year options to renew with 10% escalations at each renewal

Property Flyers

Cap Rate: 6.71 %

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Lubbock Preston Smith International 30 min - 17.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Alex Eberhardt, CCIM 806-784-3258 Coldwell Banker Commercial Capital Advisors
Alex Eberhardt, CCIM 806-784-3258 Coldwell Banker Commercial Capital Advisors