800 E Broadway St - Restaurant FOR SALE


Sweetwater, TX 79556
$910,000 USD
325-305-0916
800 E Broadway St, Sweetwater, TX for Sale
$910,000 USD
Restaurant - FOR SALE
1/10
null | 6.44% Cap Rate

800 E Broadway St
Sweetwater, TX 79556


HIGHLIGHTS

  • Absolute NNN Lease Pizza Hut - 4+ Years Remaining on Lease
  • Lease Features Attractive 5% Increases Every 5 Years
  • Zero Landlord Responsibilities - Tenant Pays Taxes/Insurance Directly
  • Located Along Retail Corridor - Surrounded by National/Regional Credit Tenants
  • Corner Lot on .516 Acres - Great Access With Ample Parking
  • Sweetwater is Located Along Interstate 20 just 40 Miles West of Abilene

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

6.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Commercial

APN/PARCEL ID

S2200-0021-04

ASK ABOUT THIS PROPERTY

Colton HutchinsCOLTON HUTCHINS-BROKERMore Info
325-305-0916

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Colton HutchinsCOLTON HUTCHINS-BROKERMore Info
325-305-0916

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