Retail Space
2001 50th St Lubbock, TX 79412
Details & Description
Price: $850,000
    Property Subtypes:RestaurantBuilding Size (RSF):2,785 SFGross Building Area:See AgentSale Price:$850,000Unit Price:$305.21 PSFHas Drive-Thru?YesProperty Use Type:InvestmentSale Terms:Cash to SellerCap Rate:UndisclosedLast Updated:6/25/2020Overview / CommentsPROPERTY OVERVIEW Free Standing, second generation Restaurant building offering approximately 2,785 SF with drive thru, on a highly visible, high traffic street surrounded by retail. Neighboring businesses include; Burger King, McDonald's, China Star, Taco Villa, Whataburger, Rise & Shine Donuts, Dollar General, Happy State Bank, and many more. Building recently remodeled and has been home to Pizza Hut and Taco Bell. Available as of March 2019. Building can also be leased.PROPERTY HIGHLIGHTS• Free Standing• High Traffic• Remodeled• Drive thru
    Additional Photos
    Listing Agents
    David Powell

    O: 806-239-0804
    d.powell@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2001 50th St

    Lubbock, TX 79412

    Listing ID: 176648
    • 2001 50th St Lubbock, TX 79412 | for Sale | Photo 1
    • 2001 50th St Lubbock, TX 79412 | for Sale | Photo 2
    • 2001 50th St Lubbock, TX 79412 | for Sale | Photo 3
    • 2001 50th St Lubbock, TX 79412 | for Sale | Photo 4
    2001 50th St | for Sale | Thumbnail 1
    2001 50th St | for Sale | Thumbnail 2
    2001 50th St | for Sale | Thumbnail 3
    2001 50th St | for Sale | Thumbnail 4
    Building Size: 2,785 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $305.21
    Land $/SF:
    Price
    $850,000
    Description



    Property Subtypes:
    Restaurant


    Building Size (RSF):
    2,785 SF


    Gross Building Area:
    See Agent


    Sale Price:
    $850,000


    Unit Price:
    $305.21 PSF


    Has Drive-Thru?
    Yes


    Property Use Type:
    Investment


    Sale Terms:
    Cash to Seller


    Cap Rate:
    Undisclosed


    Last Updated:
    6/25/2020



    Overview / Comments



    PROPERTY OVERVIEW Free Standing, second generation Restaurant building offering approximately 2,785 SF with drive thru, on a highly visible, high traffic street surrounded by retail. Neighboring businesses include; Burger King, McDonald's, China Star, Taco Villa, Whataburger, Rise & Shine Donuts, Dollar General, Happy State Bank, and many more. Building recently remodeled and has been home to Pizza Hut and Taco Bell. Available as of March 2019. Building can also be leased.PROPERTY HIGHLIGHTS• Free Standing• High Traffic• Remodeled• Drive thru


    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Lubbock History of Retail Space for Sale

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    Lubbock Area Market Trends

    Listing Demographics for 2001 50th St Lubbock, TX 79412

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,36997,250188,638
    Population Median Age343335
    Population by Age0-9 Yrs2388 (15%)11600 (11%)23714 (12%)
    10-19 Yrs2653 (17%)17715 (18%)29704 (15%)
    20-29 Yrs2790 (18%)23387 (24%)42557 (22%)
    30-39 Yrs2043 (13%)11737 (12%)23312 (12%)
    40-49 Yrs1198 (7%)8810 (9%)17358 (9%)
    50-59 Yrs1788 (11%)9427 (9%)19078 (10%)
    60-69 Yrs1283 (8%)7585 (7%)16383 (8%)
    70+ Yrs1227 (7%)6991 (7%)16532 (8%)
    Median HH Income$35,810$43,787$45,914
    Total Household Income< 24K1854 (34%)10247 (29%)19663 (27%)
    25-49K1434 (27%)9534 (27%)19054 (26%)
    50-74K1033 (19%)6247 (18%)12307 (17%)
    75-99K551 (10%)3673 (10%)7711 (10%)
    100-199K392 (7%)4139 (11%)9919 (13%)
    200K+38 (0%)814 (2%)2642 (3%)
    Highest Education LevelNo Diploma2411948516566
    Diploma or GED29181397227712
    Some College18201208526088
    Assoc. Degree32729476161
    Bachelors Degree751837619176
    Higher Degree329489912044
    Total Housing Units6,13039,49579,972
    --Owner-Occupied2,53716,83535,614
    --Renter-Occupied2,76517,81835,682
    Owner-Occupied Values< 100K1638730813232
    100-199K815751814647
    200-299K6712964259
    300-399K23801745
    400-499K0177781
    500K+15156951
    Total Working Age Population11,38377,849150,410
    In Work Force7,18748,96796,212
    Not In Work Force4,19728,88354,198
    Workforce Employed6,87346,64891,816
    Workforce Unemployed3142,3094,292
    Civlian Workforce7,18748,95696,108
    Military Workforce010104
    Total Households5,30234,65371,296
    Family Households3,53620,29742,134
    Non-Family Households1,76714,35629,162
    Married Couple1,94812,71527,662
    Other Family1,5887,58114,472
    Married w/Child8205,31910,777
    Single Male w/Child1971,2232,077
    Single Female w/Child4682,5675,669

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Lubbock County242,628+15278,831+14317,210+16367,552

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2001 50th St in Lubbock?
    The asking price for 2001 50th St is $850,000
    What is the building size of this Retail property in Lubbock, TX?
    The size of the building/unit at 2001 50th St in Lubbock is 2,785 square feet
    What is the population within 1 mile of 2001 50th St in Lubbock?
    The population within 1 mile of 2001 50th St Lubbock, TX 79412 is 15,369 people.
    Who do I contact for questions about 2001 50th St?
    You should contact the listing agent, David Powell, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    E 44th St, Lubbock, TX $650,000 14798 3.13
    2435 S Loop 289, Lubbock, TX $2,375,000 30781 1.62
    3003 34th St, Lubbock, TX $325,000 7536 -
    2549 South Loop 289, Lubbock, TX $1,600,000 15098 2.29
    3626 50th St, Lubbock, TX $169,500 1591 0.13
    1801 19th Street, Lubbock, TX $400,000 3315 0.54

    Closest Commercial Airports

    Airport Distance (mi)
    Lubbock Preston Smith International Airport (LBB) 8
    Rick Husband Amarillo International Airport (AMA) 116
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 196