1902 S Main St - Restaurant FOR SALE


Perryton, TX 79070
$2,173,655 USD
332-345-4222
1902 S Main St, Perryton, TX for Sale
$2,173,655 USD
Restaurant - FOR SALE
1/3
null | 7.25% Cap Rate

1902 S Main St
Perryton, TX 79070


HIGHLIGHTS

  • Strong Franchisee Guarantee
  • Long-Term Triple Net (NNN) Lease
  • Robust Academic Presence
  • Ochiltree General Hospital

OVERVIEW

Surmount is pleased to present the exclusive listing for a Pizza Hut located at 1902 S. Main St, Perryton, TX 79070. The site consists of roughly 4,822 rentable square feet of building space on an estimated 0.83-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $157,590 and has scheduled increases of 2.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$2,173,655 USD

PRICE/SF

$451 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

-

APN/PARCEL ID

315001000000000000

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Glen KunofskySurmountMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.