Fred's Garage

609 Avenue H, Shallowater, TX 79363

Property Information

  • For Lease $15.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 3,402 SF
  • Lot Size 0.15 Acre
  • Year Built 2023
  • Date Updated Jan 21, 2026

Description

TURNKEY BUSINESS PURCHASE WITH BUILDING LEASE OPTION: Fred’s Garage is located in the heart of Shallowater, Texas. A growing community just 10 miles northwest of Lubbock. Known for its excellent schools, strong sense of community, and small-town feel, Shallowater attracts families, professionals, and visitors looking for a slower pace without sacrificing access to city amenities. This highly visible corner lot sits along a well-traveled road with consistent local traffic and strong brand recognition. Just a short drive from Lubbock’s bustling retail and business districts, Texas Tech University, and the medical hub, Fred’s benefits from both loyal hometown patrons and visitors passing through. In a town where Fred’s is the only sit-down restaurant and coffee shop to include a beautifully landscaped yard and large covered patio, its location is more than ideal, it’s essential. With room to grow and untapped hours of operation, this property offers an incredible opportunity for a buyer who sees the value of being the spot in a thriving small town.LEASE OPTION WITH PURCHASE OF BUSINESS: Fred's is the heart of Shallowater, TX! It's the only sit-down restaurant and coffee shop in town, known for its welcoming atmosphere, scratch cooking, crafted coffee drinks, and local brews. With live music, private events, and a bustling general store, it's a local favorite. Locals are clamoring for extended hours, especially during the school season. This turnkey business opportunity is thriving and full of potential. Fred's is a beloved gathering spot that promises a warm welcome and a fantastic investment opportunity.

Highlights

  • Beautiful Fixtures from other countries and unique design details
  • Brand new building constructed in 2023
  • Fenced turf yard for games and relaxation
  • Fully functional overhead doors in front and back
  • Incorporated original signs and parts of the original Fred's garage
  • Large covered patio with automatic shades
  • Paved parking area

1 Space Available

Fred's Garage

Space Type

Retail

Lease Rate

$15.00/SF/YR

Total Space

3,402 SF

Divisible Space

3,402 - 3,402 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

Fred's Garage is a fully operational restaurant in Shallowater. This is an option to Lease the building with the purchase of the Business. The business is for sale at $525,000.00 only with the lease of the building. 10 year term. $15 psqft NNN lease with 3% annual increase per year of term. Financials of business to be provided with NDA and proof of funds.

Contacts

Shannon King

eXp Commercial

Location

Located at 609 Avenue H, Shallowater, TX 79363, this property is part of the Shallowater neighborhood and Lubbock market.

Contact Listing Broker
Shannon King

eXp Commercial

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