Pizza Hut for Sale in Canadian, TX
Canadian, TX
Key Investment Metrics
Price
$989,520
Cap Rate
7.5%
Net Operating Income
$74,214
Building Size
2644 SF
Land Area
0.31 Acres
Remaining Term
12.5 years
Lease Expiration
01/31/2039
Lease Term
14 years
Lease Commencement
02/01/2025
Lease Type
Absolute NNN
Year Built
1978
Occupancy
100%
Tenancy
Single
Rent Increases
1.5% Annually
AI illustration · Not the listed propertyProperty overview
Pizza Hut in Canadian
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,644 SF
- Land area
- 0.31 acres
- Year built
- 1978
- Lease type
- Absolute NNN
- Lease expiration
- 01/31/2039
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.