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- LoopNet Team
1611 State Highway 50
Commerce, TX 75428
Property For Lease
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HIGHLIGHTS
- 1611 State Highway 50 presents the opportunity for tenants to sublease a former Burger King space or enter into a new direct lease.
- Growing consumer base as the population within a 5-mile radius grew by 14.4% from 2020 to 2024 and is expected to increase another 18% by 2029.
- Within walking distance from Texas A&M – Commerce and Ben E Keith Beverages, two of Commerce’s largest employers.
- Renovated in 2018 with commercial kitchen vent hoods, a shared restroom, an ordering counter, a dish sink, a walk-in freezer, and a drive-thru.
- Desirable hard-corner position at a signalized intersection exposed to over 19,000 vehicles per day, about twice the number of residents in Commerce.
- Surrounding tenants such as Starbucks, Tractor Supply, Dollar Tree, Taco Bell, Sonic, and Anytime Fitness provide ulterior draws.
PROPERTY FACTS
Property Type | Retail | Year Built | 1998 |
Property Subtype | Storefront | Parking Ratio | 7.31/1,000 SF |
Gross Leasable Area | 5,470 SF |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 5,470 SF |
Year Built | 1998 |
Parking Ratio | 7.31/1,000 SF |
ABOUT THE PROPERTY
Break into this unique and growing market with this sublease or direct lease opportunity at 1611 State Highway 50. Burger King is the sublessor of its 1,800-square-foot space, but the landlord is open to negotiating a new direct lease. The space was occupied by Burger King for five years and Taco Bell for 20 years before that. Taco Bell now has an adjacent freestanding location. A full renovation in 2018 modernized the space, and it is equipped with commercial kitchen vent hoods, a shared restroom with the adjoining convenience store, an ordering counter, a dish sink, a walk-in freezer, and a drive-thru. To note, there is a restriction on prepared Mexican food at this location. Situated at the corner of a high-traffic intersection, 1611 State Highway 50 is one of the most passed-by properties in Commerce. Texas A&M – Commerce, attended by over 11,000 full- and part-time students, is within walking distance of 1611 State Highway 50. Many students are drawn to the property as the intersection is replete with other retail and restaurant establishments, a complement to any business here. The university is not the only economic driver of Commerce. Ben E Keith Beverages, Hunt Regional Health Care, Hydro (aluminum and renewable energy), and Kelly (talent acquisition) are major city employers that have spurred migration and rising salaries.
- Corner Lot
- Pylon Sign
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
ATTACHMENTS
Floor Plan - BK Commerce Site Plan |
Listing ID: 30829090
Date on Market: 1/31/2024
Last Updated:
Address: 1611 State Highway 50, Commerce, TX 75428
The Retail Property at 1611 State Highway 50, Commerce, TX 75428 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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