Listed by ParaSell Inc, Hanley Investment Group
$2,563,000
Pizza Hut
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,816
Net Rentable (SqFt) 3,816
Cap Rate 5.50%
NOI $141,000
Occupancy 100%
Tenancy Single
Brand/Tenant Pizza Hut
Lease Type Absolute NNN
Lease Expiration 06/30/2041
Rent Bumps Yes
Lease Options Four 5-Year @ 10%
Year Built 2023
Acreage 0.570
Lease Commencement 07/01/2026
Ground Lease No
Irreplaceable Hard-Corner Pizza Hut with Two Drive-Thru Lanes | New 15-Year Abs. NNN Lease
Marketing description
CLICK HERE FOR FULL OFFERING MEMORANDUM: https://bit.ly/PizzaHut_MarbleFalls
Investment highlights
- Single-Tenant Absolute NNN Sale-Leaseback Investment Opportunity
- Rare Two-Tenant, Double Drive-Thru Asset Under One Master Net Lease: Two-tenant building housing both Dunkin’ and Pizza Hut, each with a dedicated Drive-Thru
- Irreplaceable Hard-Corner Location: High-visibility corner position at the most heavily trafficked, lighted intersection in the city
- 40 Years of Pizza Hut at This Site, Original 1983 Pizza Hut Building Scraped and Built New in 2023: A four-decade-long, proven location reinvented as a ground-up, two-tenant, drive-thru build housing Pizza Hut and Dunkin’ in 2023
- One of the Largest Pizza Hut Franchisees in Texas, Operating 33 Pizza Hut Locations in the State
- Affluent and Expanding Customer Base: Average household income of $112,862 across the 10-mile radius, reflecting a customer base with strong discretionary spending power
- Expansive Regional Trade Area with Over 70,000 Residents
- One of Central Texas’ Fastest-Growing Markets: Marble Falls is a fast-growing city in the heart of the Texas Hill Country, located 40 miles west of downtown Austin. The city’s annual growth rate since 2020 is estimated to be an impressive 8.5%
Listing Contacts
Listed by ParaSell Inc, Hanley Investment Group
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$141,000.00
$11,750.00/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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