1902 S Main St - Restaurant FOR SALE


Perryton, TX 79070
$2,309,143 USD
332-345-4222
1902 S Main St, Perryton, TX for Sale
$2,309,143 USD
Restaurant - FOR SALE
1/2
null | 5.75% Cap Rate

1902 S Main St
Perryton, TX 79070


HIGHLIGHTS

  • Long-Term Triple Net (NNN) Lease
  • Strong Franchisee Guarantee
  • Tax-Free Income State

OVERVIEW

NNN Pro 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 commenced 5/31/2019. The annual rent is $132,776 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$2,309,143 USD

PRICE/SF

$479 USD /SF

CAP RATE

5.75%

% 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

52

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

-

APN/PARCEL ID

315001000000000000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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