Restaurant
Hawaiian Bros Island Grill w/ Dr-Thru | Texas | Absolute Net Ground Lease | Brand New Construction
5501 Slide Rd, Lubbock, TX 79414
Listing Price: $2,500,000
Investment Overview
Lubbock, Texas, is a vibrant city located in the Texas Panhandle. Known as the “Hub City” due to its role as an economic, educational, and cultural center for the region, Lubbock boasts a population of over 260,000 residents. It blends a small-town feel with the amenities of a growing metropolitan area.
Education and Culture
Lubbock is home to Texas Tech University, which significantly influences the city’s culture and economy. The university brings a youthful energy to the area, along with a range of sports, arts, and academic events. The National Ranching Heritage Center and the Buddy Holly Center are cultural highlights, celebrating the city’s history and its most famous musical icon, Buddy Holly.
Economy and Industry
Lubbock’s economy thrives on agriculture, healthcare, education, and a growing tech sector. Cotton farming remains a cornerstone of the local economy, with the city positioned as a global leader in cotton production. The medical industry is also prominent, with several major hospitals and clinics serving the region.
Recreation and Lifestyle
Residents and visitors enjoy numerous parks, golf courses, and outdoor attractions like the Lubbock Lake Landmark, a natural history preserve. Mackenzie Park, the city’s largest, offers playgrounds, trails, and the popular Joyland Amusement Park. For nightlife and dining, the Depot District is a hub of activity, featuring live music, restaurants, and breweries.
Connectivity
Lubbock Preston Smith International Airport connects the city to major hubs, while highways like Interstate 27 provide easy access to surrounding areas.
Hawaiian Bros Island Grill w/ Dr-Thru | Texas | Absolute Net Ground Lease | Brand New Construction
Investment Highlights
- 14+ Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term Options. Brand New 2024 High Quality Construction w/ Drive-Thru.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $80k and over 235k People Residing within a 5-Mile Radius.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction.
- Located near the Signalized, Hard Corner Intersection of Slide Rd and 50th St, Combining to Average Over 66k Vehicles Passing by Daily. The Site benefits from Excellent Visibility via Significant Street Frontage and a Large Pylon Sign.
- The Franchisee, Stine Enterprises, operates over 80 Jack in the Box Restaurants, 14 Denny's, and Over 20 Hawaiian Bros, with Plans to Develop and Operate 75 Units - Stine signed the First Multi-Unit Franchise Agreement with Hawaiian Bros.
- Across the Street from South Plains Mall - a 1.2M+ Sq.Ft. Shopping Center featuring more than 120 shops, eateries, and department stores. In October 2024, a new 220k Sq.Ft. Dillard's flagship store opened, enhancing the mall's offerings.
- Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System. The University Currently Enrolls 40,525+ Students, making it the Sixth-Largest University in Texas.
- Near Numerous National Retailers including The Home Depot, Ross Dress for Less, Lowe's, Target, Sam's Club, Burlington, Hobby Lobby, TJ Maxx, Walmart Supercenter and many more.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Restaurant
Hawaiian Bros Island Grill w/ Dr-Thru | Texas | Absolute Net Ground Lease | Brand New Construction
Listing Price: $2,500,000
Investment Highlights
- 14+ Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term Options. Brand New 2024 High Quality Construction w/ Drive-Thru.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $80k and over 235k People Residing within a 5-Mile Radius.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction.
- Located near the Signalized, Hard Corner Intersection of Slide Rd and 50th St, Combining to Average Over 66k Vehicles Passing by Daily. The Site benefits from Excellent Visibility via Significant Street Frontage and a Large Pylon Sign.
- The Franchisee, Stine Enterprises, operates over 80 Jack in the Box Restaurants, 14 Denny's, and Over 20 Hawaiian Bros, with Plans to Develop and Operate 75 Units - Stine signed the First Multi-Unit Franchise Agreement with Hawaiian Bros.
- Across the Street from South Plains Mall - a 1.2M+ Sq.Ft. Shopping Center featuring more than 120 shops, eateries, and department stores. In October 2024, a new 220k Sq.Ft. Dillard's flagship store opened, enhancing the mall's offerings.
- Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System. The University Currently Enrolls 40,525+ Students, making it the Sixth-Largest University in Texas.
- Near Numerous National Retailers including The Home Depot, Ross Dress for Less, Lowe's, Target, Sam's Club, Burlington, Hobby Lobby, TJ Maxx, Walmart Supercenter and many more.
Investment Overview
Lubbock, Texas, is a vibrant city located in the Texas Panhandle. Known as the “Hub City” due to its role as an economic, educational, and cultural center for the region, Lubbock boasts a population of over 260,000 residents. It blends a small-town feel with the amenities of a growing metropolitan area. Education and Culture Lubbock is home to Texas Tech University, which significantly influences the city’s culture and economy. The university brings a youthful energy to the area, along with a range of sports, arts, and academic events. The National Ranching Heritage Center and the Buddy Holly Center are cultural highlights, celebrating the city’s history and its most famous musical icon, Buddy Holly. Economy and Industry Lubbock’s economy thrives on agriculture, healthcare, education, and a growing tech sector. Cotton farming remains a cornerstone of the local economy, with the city positioned as a global leader in cotton production. The medical industry is also prominent, with several major hospitals and clinics serving the region. Recreation and Lifestyle Residents and visitors enjoy numerous parks, golf courses, and outdoor attractions like the Lubbock Lake Landmark, a natural history preserve. Mackenzie Park, the city’s largest, offers playgrounds, trails, and the popular Joyland Amusement Park. For nightlife and dining, the Depot District is a hub of activity, featuring live music, restaurants, and breweries. Connectivity Lubbock Preston Smith International Airport connects the city to major hubs, while highways like Interstate 27 provide easy access to surrounding areas.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
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