601 North Broadway

Retail-Commercial for Sale
Catylist Listing ID: 30324882
Property Subtypes: Convenience Store, Restaurant, Street Retail
Building Size (RSF): 2,063 SF
Sale Price: $499,000
Unit Price: $241.88 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Former Dairy Queen
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/29/2019

Overview / Comments

Former Dairy Queen Restaurant located in Post main thoroughfare directly facing Highway 84. This highway is part of the El Camino East/West Corridor, with heavy traffic to Dallas/Fort Worth and to I-20 to El Paso. Highway 84 also caters to local traffic to Lake Alan Henry and the popular Post trade days. Property offers a free standing 2,063 SF restaurant building on 0.4 acres. Building was remodeled in 2009. Beautiful wall and floor tile work, great lighting, 2 large ADA restrooms with wall mount Kola Kare infant changing tables. Exterior awnings, brick isolated garbage collection area, and sign display in place. Other perks include 2 walk-in freezers, small managers office, 2 dining areas, drive thru window, 3-compartment wash, rinse, and sanitize sink, Everpure E Series water filtration system, 1 wall mounted tankless water heater providing hot water source to the sinks. 2 wall mount hand wash sinks conveniently located in the food preparation/serving areas, 500lb grease trap, grease hood, lighted menu bar, 4 order monitors with hanging hardware, beverage station in dining room. Property offers ample parking with 32 parking spaces including 3 designated handicap spaces. Located next door to Peoples Bank, and 2 blocks from Sheriff's office. Location is 3 blocks from Giles W. Dalby Correctional Facility with over 360 employees that are potential patrons to a restaurant. Ideal investment property or franchise location.

Prime Location on Highway 84
Updated property
Drive-Thru
Great Parking

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Garza
Retail Clientele: General, Traveler
Largest Nearby Street: Main Street
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,127 5,566 6,461
Median Age: 39.11 33.29 35.04
Households: 464 1,322 1,671

Contact

Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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