Pizza Hut - Net Lease Property for Sale
Canadian, TX
Key Investment Metrics
Price
$989,520
Cap Rate
7.5%
Net Operating Income
$74,214
Building Size
2644 SF
Lot Size
2,644 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
About This Pizza Hut Net Lease Property
This Pizza Hut NNN (triple net lease) property is located in Canadian, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 2644 square feet of building space and was built in 1978.
With a cap rate of 7.5%, this Pizza Hut net lease property offers stable income potential. The asking price is $989,520, making it an attractive option for 1031 exchange investors seeking quality Pizza Hut commercial properties.
Why Invest in Pizza Hut NNN Properties?
- Stable Income: Pizza Hut net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Pizza Hut is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Canadian, TX Market Overview
Located in Canadian, TX, this Pizza Hut property benefits from strong local demographics and market fundamentals. The Canadian area offers excellent visibility and accessibility, making it an ideal location for Pizza Hut operations and a solid investment for net lease property buyers.