30,624 sf Pad Site for Ground Lease
|Catylist Listing ID:
Retail, Retail-Pad, Other
|Gross Land Area:
$0.88 PSF (Annual)
Overview / Comments
This is an excellent opportunity to ground lease a pad-site for a standalone retail store or fast food restaurant! The parcel is located at the intersection of Avenue Q and Avenue P, which have traffic counts of approximately 15,000 and 5,000 vehicles per day, respectively. The site was a former gas station and is located within the 500-year flood plain. It is zoned C-4 and has fantastic visibility and access.
The owner is open to a variety of lengths for the lease term, so long as the primary term is at least 10 years. The base rent will escalate 5% annually.
All information in this listing was obtained from public sources deemed reliable and may contain inaccuracies. The owner has no engineering or environmental reports on the site. Lessee should perform their own feasibility studies.
|Largest Nearby Street:
|In Flood Plain?:
||Electric, Water, Sewer
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Lubbock Association of REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.