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1611 State Highway 50
1,800 SF of Retail Space Available in Commerce, TX 75428
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.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | 5-20 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Previously occupied by Burger King. Restriction on prepared Mexican food. Call for Pricing.
- Partially Built-Out as a Fast Food Restaurant
- Highly Desirable End Cap Space
- Central Air Conditioning
- Kitchen
- Drive Thru
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1611 State Highway 50 , Commerce, TX 75428
| 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
Marketing Brochure
DEMOGRAPHICS
Demographics
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Taco Bell | Fast Food | - | 1 min walk |
| Domino’s | - | - | 2 min walk |
| Sonic | Fast Food | - | 4 min walk |
| Tokyo Express | Japanese | $$$ | 6 min walk |
| Subway | - | - | 6 min walk |
| Pizza Hut | - | - | 7 min walk |
| Maria's | - | - | 7 min walk |
| Starbucks | Cafe | $ | 11 min walk |
Retail |
||
|---|---|---|
| Goodwill | Dollar/Variety/Thrift | 2 min walk |
| Anytime Fitness | Fitness | 2 min walk |
| Dollar Tree | Dollar/Variety/Thrift | 2 min walk |
Hotels |
|
|---|---|
| Magnuson |
59 rooms
2 min drive
|
Presented by
Derek and Rhonda Lambert
1611 State Highway 50
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