TECH CAFE REAL PROPERTY FOR SALE

Retail-Commercial for Sale
Catylist Listing ID: 30621442
Property Subtypes: Restaurant
Building Size (RSF): 3,427 SF
Gross Building Area: See Agent
Gross Land Area: 12,100 SF
Sale Price: $435,000
Unit Price: $126.93 PSF
Property Use Type: Investment
Building Name: Tech Cafe
Usable Size (USF): 3,427 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/25/2020

Overview / Comments

• Operating restaurant on an original five year lease with three years remaining
• Tenant has an option to renew for up to 12 more years
• Escalators are in place
• See agent for terms and conditions of the lease
• Tenant pays insurance, Landlord pays taxes

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R67766
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1975
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,325 97,225 193,604
Median Age: 30.2 31.5 32.26
Households: 6,343 35,530 73,914

Contact

Photograph of Listing Agent

Donna Currey Barnes

Westar Commercial Realty, LLC West Texas CIE Member
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