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Pizza Hut 1902 S Main St

4,822 SF Retail Building Perryton, TX 79070 $3,319,624 CAD ($688 CAD/SF) 5.75% Cap Rate

Restaurants Texas Perryton 1902 S Main St, Perryton, TX 79070

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,822 SF
Building Class
B
Year Built
2008
Price
$3,319,624 CAD
Price Per SF
$688 CAD
Cap Rate
5.75%
NOI
$190,879 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.83 AC
Frontage
228 ft on S Main St

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
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1902 S Main St, Perryton, TX - aerial map view

Nearby Major Retailers

Lowe's Supermarket
Rent-A-Center
United Supermarkets

PROPERTY TAXES

Parcel Number 315001000000000000 Improvements Assessment $365,047 CAD
Land Assessment $66,128 CAD Total Assessment $431,175 CAD

PROPERTY TAXES

Parcel Number
315001000000000000
Land Assessment
$66,128 CAD
Improvements Assessment
$365,047 CAD
Total Assessment
$431,175 CAD
(332) 345-4222

Contacts

  • Listing ID: 34423937

  • Date on Market: 2025-01-09

  • Last Updated:

  • Address: 1902 S Main St, Perryton, TX 79070

The Retail Property at 1902 S Main St, Perryton, TX 79070 is currently available for sale. Contact NNN Pro Group for more information.

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1902 S Main St, Perryton, TX for sale Primary Photo- Image 1 of 3
Pizza Hut - 1902 S Main
1902 S Main St, Perryton, TX for sale Aerial- Image 2 of 3
Pizza Hut - 1902 S Aerial

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Pizza Hut | 1902 S Main St
(332) 345-4222 x

Pizza Hut | 1902 S Main St

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Alexandre Marietto

(332) 345-4185

(332) 345-4185

James Westerberg

(516) 477-7026

(516) 477-7026

Andrew Darby

(332) 345-7299

(332) 345-7299

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