Restaurant
Wienerschnitzel | 10+ Years Remaining | Absolute NNN
7615 University Ave, Lubbock, TX 79423
Listing Price: $1,403,600
Investment Overview
Marcus & Millichap is pleased to present for sale Wienerschnitzel in Lubbock, Texas. Founded in 1961 by John Galardi with a single location in Southern California, Wienerschnitzel has grown to be the world’s largest hot dog chain serving more than 120 million hot dogs a year in over 350 locations. Home to Texas Tech, one of the largest universities in the state, Lubbock is also the most populous metro in the western Texas and eastern New Mexico region. The county seat of Lubbock County, the city is home to an estimated 329,000 residents. The Lubbock metro is known for its oil, cotton production, and education and health care sectors. The Midland Basin, which encompasses Lubbock, is one of the largest contiguous oil fields in the United States. Lubbock, nicknamed “Hub City,” is the economic, education, cultural, entertainment, and health-care hub of the region.
Wienerschnitzel | 10+ Years Remaining | Absolute NNN
Investment Highlights
- 10 Years Remaining on Absolute Triple-Net (NNN) Lease - Five Plus Unit Franchisee
- Annual Rental Increases Throughout the Lease Term and Renewal Options
- 186,671 Residents within a Five-Mile Radius in Growing Lubbock Trade Area - Projected to Increase Nearly Six Percent Over the Next Five Years
- Situated Along a Dense Retail Corridor Surrounded by National Tenants - Target, Cinemark, Taco Bell, Buffalo Wild Wings, Whataburger, and More
- Excellent Visibility Along University Avenue (35,900 Cars per Day)
- Located Immediately Off TX Loop 289 (51,300 Cars per Day), a Primary Connector for the Lubbock Area
- A 10-Minute Drive Away from 40,600+ College Students at Texas Tech University
- Strong Daytime Population - 255,450 Employees in the Surrounding Area
Restaurant
Wienerschnitzel | 10+ Years Remaining | Absolute NNN
Listing Price: $1,403,600
Investment Highlights
- 10 Years Remaining on Absolute Triple-Net (NNN) Lease - Five Plus Unit Franchisee
- Annual Rental Increases Throughout the Lease Term and Renewal Options
- 186,671 Residents within a Five-Mile Radius in Growing Lubbock Trade Area - Projected to Increase Nearly Six Percent Over the Next Five Years
- Situated Along a Dense Retail Corridor Surrounded by National Tenants - Target, Cinemark, Taco Bell, Buffalo Wild Wings, Whataburger, and More
- Excellent Visibility Along University Avenue (35,900 Cars per Day)
- Located Immediately Off TX Loop 289 (51,300 Cars per Day), a Primary Connector for the Lubbock Area
- A 10-Minute Drive Away from 40,600+ College Students at Texas Tech University
- Strong Daytime Population - 255,450 Employees in the Surrounding Area
Investment Overview
Marcus & Millichap is pleased to present for sale Wienerschnitzel in Lubbock, Texas. Founded in 1961 by John Galardi with a single location in Southern California, Wienerschnitzel has grown to be the world’s largest hot dog chain serving more than 120 million hot dogs a year in over 350 locations. Home to Texas Tech, one of the largest universities in the state, Lubbock is also the most populous metro in the western Texas and eastern New Mexico region. The county seat of Lubbock County, the city is home to an estimated 329,000 residents. The Lubbock metro is known for its oil, cotton production, and education and health care sectors. The Midland Basin, which encompasses Lubbock, is one of the largest contiguous oil fields in the United States. Lubbock, nicknamed “Hub City,” is the economic, education, cultural, entertainment, and health-care hub of the region.
