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Pizza Hut 800 E Broadway St

3,246 SF Retail Building Sweetwater, TX 79556 $910,000 ($280/SF) 6.44% Cap Rate

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Investment Highlights

Absolute NNN Lease Pizza Hut - 4+ Years Remaining on Lease
Zero Landlord Responsibilities - Tenant Pays Taxes/Insurance Directly
Corner Lot on .516 Acres - Great Access With Ample Parking

Lease Features Attractive 5% Increases Every 5 Years
Located Along Retail Corridor - Surrounded by National/Regional Credit Tenants
Sweetwater is Located Along Interstate 20 just 40 Miles West of Abilene

Executive Summary

Very Recently Renovated! A wonderful opportunity to acquire an Absolute NNN Leased Pizza Hut in Sweetwater, Texas. The subject property is located along Broadway Avenue ,8,000 VPD, in Sweetwater, Texas. This area is surrounded by other local, regional, national, credit tenants as well as Sweetwater Intermediate School and Sweetwater Middle School. Sweetwater is the largest city and county seat of Nolan County located directly off Interstate 20 about 30 Miles West of Abilene. 4 plus remaining years on current lease with an option to renew another 5 years with a 5 percent increase.

Survey PIZZA HUT - SWEETWATER_ TX

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Restaurant

Building Size

3,246 SF

Building Class

Year Built

1975

Price

$910,000

Price Per SF

$280

Cap Rate

6.44%

NOI

$58,621

Tenancy

Single

Building Height

1 Story

Building FAR

0.14

Lot Size

0.52 AC

Zoning

Commercial - Zoned Commercial

Parking

51 Spaces (10 Spaces per 1,000 SF Leased)

Frontage

150 FT on E Broadway

Amenities

Corner Lot

Restaurant

Accommodation and Food Services
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

There’s nothing cookie-cutter about Pizza Hut. Not their pizzas. Not their people. And definitely not the way they live life. Around here, they don’t settle for anything less than food they are proud to serve. And they don’t just clock in. Not when they can also become their best, make friends, and have fun while they're at it. They're the pizza company that lives life unboxed. They are not for people who want to blend in: pushing boundaries is part of their heritage. They have thousands of restaurants and many team members in multiple countries. Whether it’s the original Stuffed Crust or putting a pizza in outer space, they never stop driving themselves to deliver hot pizzas, fast every time – anywhere one wants to enjoy it. At Pizza Hut, they don’t just make pizza. They make people happy. Pizza Hut was built on the belief that pizza night should be special, and they carry that belief into everything they do.