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Pizza Hut 820 S Highway 207

1,854 SF Retail Building Spearman, TX 79081 $2,292,725 CAD ($1,237 CAD/SF) 5.75% Cap Rate

Restaurants Texas Spearman 820 S Highway 207, Spearman, TX 79081

Investment Highlights

  • Very Profitable Store
  • Zero Landlord Responsibilities
  • Strong Unit Level Numbers

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Pizza Hut located at 820 Texas 207, Spearman, TX 79081 . The site consists of roughly 1,854 rentable square feet of building space on an estimated 1.03-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease, which commenced 1/28/2019. The current annual rent is $91,776 and has scheduled increases of 1.50% annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,854 SF
Building Class
B
Year Built
1995
Price
$2,292,725 CAD
Price Per SF
$1,237 CAD
Cap Rate
5.75%
NOI
$131,832 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.03 AC
Parking
33 Spaces
Frontage
212 ft on S Highway 207

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
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820 S Highway 207, Spearman, TX - aerial map view

PROPERTY TAXES

Parcel Number 120860890089909000000 Improvements Assessment $340,361 CAD
Land Assessment $17,209 CAD Total Assessment $357,570 CAD

PROPERTY TAXES

Parcel Number
120860890089909000000
Land Assessment
$17,209 CAD
Improvements Assessment
$340,361 CAD
Total Assessment
$357,570 CAD
(480) 339-4331

Contacts

  • Listing ID: 34394505

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 820 S Highway 207, Spearman, TX 79081

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820 S Highway 207, Spearman, TX for sale Primary Photo- Image 1 of 3
Pizza Hut - 820 Texas 207, Spearman TX Main
820 S Highway 207, Spearman, TX for sale Aerial- Image 2 of 3
Pizza Hut - 820 Texas 207, Spearman TX Aerial

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Pizza Hut | 820 S Highway 207
(480) 339-4331 x

Pizza Hut | 820 S Highway 207

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Cassandra Mosser

(480) 339-4331

(480) 339-4331

Jonathan Eckerd

(480) 252-0226

(480) 252-0226

Thomas Jonsson

(310) 966-0122

(310) 966-0122

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