Listed by SRS Real Estate Partners Corporate Headquarters, SRS Real Estate Partners Newport Beach
$1,638,000
Pizza Hut | Lubbock TX
Details
APN R310090
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,607
Cap Rate 5.35%
NOI $87,640
Occupancy 100%
Tenancy Single
Brand/Tenant Pizza Hut
Lease Type NN
Lease Term 20
Lease Expiration 05/31/2026
Year Built 2006
Year Renovated 2015
Acreage 0.830
Zoning Auto-Urban Commercial (AC)
Parking Spaces 23 spaces
Parking Per SqFt 8.82
Tenant Credit Franchisee
Lease Commencement 06/01/2006
Ownership Fee simple interest (land & building ownership)
Retail | 5.35% CAP | 2,607 SqFt
Investment highlights
Hard Corner Intersection | Strong Traffic Counts
NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
Monterey High School | Caprock Shopping Center | Texas Tech University (37,300 Students)
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Corporate Headquarters, SRS Real Estate Partners Newport Beach
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$87,640.00
$7,303.33/mo
Valuation Metrics
0
DSCR
5.35%
Cap Rate
5.35%
ROI
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