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4025 S Loop 289
Lubbock, TX 79423 Kings Park

Price Upon Request

Restaurant For Sale  •  5,388 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,388 SF
  • Lot Size 1.33 AC
  • Building Class C
  • Year Built 1994
  • Tenancy Single
23 Transit Score
64 Walk Score

Highlights

7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities
Annual Rent Increases Providing a Healthy Hedge Against Inflation
Strong Guarantee From RMH Franchise Holdings - Currently Operating Over 130 Restaurants Across 14 States
Texas is an Income Tax Free State
Strategically Located Next to a Walmart Supercenter, Providing For Outstanding Daily Traffic Counts
Located Directly Off of Highway 289, Which Sees Over 73,000 Vehicles Per Day

Major Tenants

Tenant SF Occupied Lease End Date
Applebee’s 5,388 SF 12/31/2032

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Lubbock Preston Smith International 31 min - 18.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes