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4926 50th St
Lubbock, TX 79414
Retail Property For Sale
EXECUTIVE SUMMARY
The Powell Group is pleased to offer this freestanding restaurant property opportunity in Lubbock, TX, Available for Lease or for Sale. It is zoned Neighborhood Commercial and situated in a high-traffic location on 50th Street near Slide Road. Previously home to a Pizza Hut location, it includes a drive-thru window, and ample parking with 19 dedicated spaces. The seller/landlord is willing to sell AS-IS at $575,000 or Lease with Tenant Improvements. Ideally positioned for restauranteurs or other business investors seeking an established, well-located site to grow market share.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,065 SF
Building Class
C
Year Built
1969
Price
$790,982 CAD
Price Per SF
$383.04 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.29 AC
Zoning
NC - Neighborhood Commercial
Parking
19 Spaces (9.2 Spaces per 1,000 SF Leased)
Frontage
112’ on 50th St
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R86768 | Improvements Assessment | $426,197 CAD |
| Land Assessment | $90,411 CAD | Total Assessment | $516,608 CAD |
PROPERTY TAXES
Parcel Number
R86768
Land Assessment
$90,411 CAD
Improvements Assessment
$426,197 CAD
Total Assessment
$516,608 CAD
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