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The Depot Alley 1701-1717 Texas Ave
8,000 SF of Retail Space Available in Lubbock, TX 79401
Highlights
- Heart of Lubbock's Entertainment District
- Open & Accommodating Floorplans
- Fully Finished Out Bar/Entertainment Space
- Paved Parking Lot & Street Front Parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1701 | 8,000 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $9,333 /MO $112,000 /YR | Triple Net (NNN) |
1st Floor, Ste 1701
Second-generation bar/entertainment venue found located within the Depot District, notable for hosting Lubbock's nightlight and live music. Just 1 1/2 miles west of Texas Tech University campus and two blocks from Interstate 27, this location provides operators with a prime location.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- Corner Space
- High Ceilings
- Large Walk-In Cooler
- 50ft Bar Top
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 1701-1717 Texas Ave , Lubbock, TX 79401
| Property Type | Retail | Year Built/Renovated | 1951/1988 |
| Property Subtype | Bar | Parking Ratio | 1.07/1,000 SF |
| Gross Leasable Area | 21,150 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 21,150 SF |
| Year Built/Renovated | 1951/1988 |
| Parking Ratio | 1.07/1,000 SF |
About the Property
• Highly visible Depot District corner space • Outside seating area by the East entrance • Central High traffic area of the Depot District • Open floor plan concept bar/lounge/restaurant/ entertainment venue space Located on the corner of Texas Avenue & 18th directly off of I-27 providing quick and easy access from most parts of Lubbock and surrounding communities. Depot Alley is also located in the heart of the Depot Entertainment District and of the Cultural District.
- Corner Lot
- Signage
-
Randy Egenbacher -
Tate Martin -
Egenbacher Commercial Properties
Presented by
The Depot Alley | 1701-1717 Texas Ave
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