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3605 34th St 2,824 SF Retail Building Lubbock, TX 79410 $538,942 CAD ($190.84 CAD/SF)


Investment Highlights
- Incredible opportunity to own a well-established restaurant and building. Listing is Confidential please contact Broker for more information.
Executive Summary
This established restaurant location at 3605 34th Street offers a premier opportunity for an owner-operator or investor to acquire a high-potential asset in a thriving Lubbock corridor. Please do not share listing information with staff.
Strategic Investment Highlights
Significant Capital Savings: As a second-generation restaurant, this property offers massive cost-saving advantages. Key restaurant infrastructure is already in place, drastically reducing the initial capital expenditure required for a new build-out.
Operational Readiness: The property is designed for immediate transition, allowing for a much faster speed-to-market compared to starting with a raw shell. All kitchen equipment conveys with the property providing even more CapEx savings.
Competitive Pricing: Offered at $395,000, this listing includes a unique opportunity involving not just one, but two locations of a well-established Lubbock restaurant. While the purchase price is specific to this location, the owner is also willing to negotiate taking over the lease of the south location as well.
High-Visibility Location: Situated in a high-traffic area on 34th Street with easy access to both Loop 289 and I-27.
Established Synergy: The property is located near popular local landmarks such as Holly Hop Ice Cream Shoppe and Caprock Cafe, benefiting from a steady flow of existing neighborhood traffic.
Strategic Investment Highlights
Significant Capital Savings: As a second-generation restaurant, this property offers massive cost-saving advantages. Key restaurant infrastructure is already in place, drastically reducing the initial capital expenditure required for a new build-out.
Operational Readiness: The property is designed for immediate transition, allowing for a much faster speed-to-market compared to starting with a raw shell. All kitchen equipment conveys with the property providing even more CapEx savings.
Competitive Pricing: Offered at $395,000, this listing includes a unique opportunity involving not just one, but two locations of a well-established Lubbock restaurant. While the purchase price is specific to this location, the owner is also willing to negotiate taking over the lease of the south location as well.
High-Visibility Location: Situated in a high-traffic area on 34th Street with easy access to both Loop 289 and I-27.
Established Synergy: The property is located near popular local landmarks such as Holly Hop Ice Cream Shoppe and Caprock Cafe, benefiting from a steady flow of existing neighborhood traffic.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,824 SF
Building Class
C
Year Built
1962
Price
$538,942 CAD
Price Per SF
$190.84 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.45 AC
Parking
16 Spaces (5.67 Spaces per 1,000 SF Leased)
Frontage
117’ on 34th St
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | R108735 | Improvements Assessment | $193,063 CAD |
| Land Assessment | $66,629 CAD | Total Assessment | $259,692 CAD |
Property Taxes
Parcel Number
R108735
Land Assessment
$66,629 CAD
Improvements Assessment
$193,063 CAD
Total Assessment
$259,692 CAD
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3605 34th St
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