East Point Market Convenience Store

Retail-Commercial for Lease
Catylist Listing ID: 30749191
Property Subtypes: Convenience Store, Mixed Use, Service Station/Gas Station
Contiguous Space: 3,400 SF
Building Size (RSF): 3,400 SF
Gross Land Area: 20,837 SF
Lease Rate: $9.18 PSF (Annual)
Base Monthly Rent: $2,601
Lease Types: Modified Gross
Building Name: East Point Market Convenience Store
Last Updated: 7/21/2021

Overview / Comments

PROPERTY SUBTYPE: Free Standing Convenience Store,
Mixed Use, Adult Beverage sales,
Service Station/Gasoline

Contiguous Space: 3,400 SF
Gross Building Space: 3,400 SF
Usable Space: 3,400. SF
Gross Land Area: 20,837 SF
Lease Rate: $2,600. Modified gross/ year one @ $9.18 PSF
$3,250. Modified gross/years 2 through 5 @ $11.47 PSF

Located on the busy SW corner of US HWY 62 and Martin Luther King Boulevard. East Point Market Convenience Store offers three gas pumps, with six nozzles of non branded gasoline stored in a 15,000 gallon underground tank.

Included is a separate entrance to an Adult Beverage Store, supplying liquor, beer, and wine. Additional amenities include a Drive-Thru window, full Kitchen with a 1,000 gallon grease trap and vent hood. East Point Market C- Store is known for serving their famous cheeseburgers and an array of delicious foods and snacks. Tobacco and tobacco products can be purchased through the drive thru window. ATM, check cashing, Lottery, and a variety of groceries are also available to customers.

Building supports three 2.4 ton air conditioners, and one 10 ton HVAC unit on the pitched metal roof, which is six years old.

The new 11,200 square feet Police substation will be constructed at 1901 E. 19th. St., near Mae Simmons Park, which overlooks the Canyon Lakes. Each substation will house its own patrol and investigations departments for this part of the City.

This is an operating Convenience/Liquor Store run by the Landlord. Inventory and two (2) new POS computer systems shall be negotiated between parties prior to execution of the Lease agreement in its “AS IS” condition. Lessee shall have the opportunity to perform a professional inspection of the premises, and review of the financials upon submission of an LOI.

STORE IS OPEN FROM 10:00 a.m. to 12: 00 a.m. Sunday through Thursday.
OPEN from 10:00 a.m. to 1:00 a.m. Friday and Saturday.

APPOINTMENT ONLY

FF&E includes, and remains with property:
9 single door coolers
8 double door coolers
3 three door coolers
12 window walk in cooler
2 chest walk in freezer
1 three door freezer
1 ice cream freezer

Attachments & Media

Expand All Available Space

Suite: 1 3,400 SF $9.18 PSF (Annual) Modified Gross
Space Available: 3,400 SF
Lease Rate: $9.18 PSF (Annual)
$2,601 (Monthly)
Lease Type: Modified Gross
Date Available: 7/13/2021
Space Type: New
Parking Spaces 10

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R119930
Zoning: R-2
Retail Clientele: General, Traveler
Property Located Between: US Hwy 62 & MLK Boulevard
Property Visibility: Excellent
Largest Nearby Street: US Hwy 62
Feet of Frontage: 185
Traffic/Vehicle Count: 21,297
Highway Access: US Hwy 62
Airports: Lubbock Preston Smith
Site Description: Property is on the Southwest corner of US Hwy 62 & MLK Blvd. Great traffic count!
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,400 SF
Property Condition: Good
Year Built: 1992
Roof Type: Flat
Construction/Siding: Metal Siding
Exterior Description: Metal building with brick veneer
Total Parking Spaces: 10
Parking Type: Structure
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal
Legal Description: WHITEHEAD BLK 11 L 2 THRU 6 & L 1 LESS E15'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,081 50,214 128,290
Median Age: 29.45 29.37 31.63
Households: 1,102 18,004 46,457

Contact

Photograph of Listing Agent

Donna Currey Barnes, Cert. Paralegal

Westar Commercial Realty West Texas CIE Member
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