225 Jim Sharp - Restaurant FOR SALE
Kermit, TX 79745 |
225 Jim Sharp
Kermit, TX 79745
HIGHLIGHTS
- 14+ Year leased Pizza Hut in West Texas
- Extremely strong tenant sales - 2.5x national average for Pizza Hut
- ADT Pizza is one of the largest franchisees in the Pizza Hut system - 174+ units with planned development and acquisition growth
- This location is #2 in sales for franchisee - saw 20% sales uptick during COVID
- 1.25% annual rental bumps throughout lease term
- Planned $175K remodel at tenant's expense - strong commitment to site
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Pizza Hut- 2.5x National Average Sales
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
2532
STORIES
1
YEAR BUILT
1966
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
1207-00B3-0027009
