Schlotzsky's - Lubbock, TX
Excellent Sales Performer | 30,000+ CPD | 143,000+ Residential Population
Marketing description
LINK TO OFFERING MEMORANDUM: https://realsource.com/schlotzskys-lubbock-tx/
Single-Tenant Schlotzsky’s Deli:
NN+ Lease with minimal landlord responsibilities, ideal for a passive investor
6+ Years remaining on initial Lease Term with upcoming option periods
7.50% rental increase in 2028, immediately improving investment returns
About Schlotzsky’s:
Nationally recognized, established fast-casual brand
54+ years of operating history w/ 300+ locations worldwide
GoTo Foods, LLC Brand: Includes Auntie Anne’s, Cinnabon, Jamba, among others
Experienced, Multi Unit Franchisee with many years of operating expertise
Investment highlights
• Strong Sales, Low Rent, Low Price-Point Texas Quick Service Restaurant Offering
• Drive-Thru location: Allowing for the adaptation of many future uses
• Excellent visibility & traffic from 82nd St, w/ direct ingress & egress access to 30,000+ cars passing daily
• Phenomenal residential density of 143,000+ population within 5-Mi radius
• 5%+ residential growth rate from 2010-2025 within 1-mi of the site
• Affluent market featuring Average Household Incomes of $126,000+ within a 1-mi Radius
• Strong Retail Synergy Surrounding the Site:
∘ Adjacent to nationally recognized retailers Arby’s, Chicken Express, & Subway
∘ 2-min drive to Walmart Supercenter-Anchored shopping center
∘ Positioned among Chick-Fil-A, Whataburger, & Panda Express within the retail corridor
• Southwest Lubbock Location: One of the fastest-growing areas in the market, w/ nearby residential & apartment construction nearby
• Texas Tech University: 12-min Drive 41,000+ enrollment across 100+ graduate programs
Known for its engineering & agricultural/geological science programs
• Lubbock, TX MSA Location: 340,000 residents
Ranked in the top-10 MSAs in Texas
Schlotzsky's, Subway, Jimmy John's, Jersey Mike's, Firehouse Subs, Potbelly, Quiznos, Which Wich, Penn Station East Coast Subs, McAlister's Deli, Jason's Deli, Panera Bread, Einstein Bros. Bagels, Capriotti's, Mendocino Farms, Chick-Fil-A, McDonald's, Raising Cane's, Starbucks, Dutch Bros, Blackrock Coffee, Whataburger, Shake Shack
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