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2425 E Main St
Eagle Pass, TX 78852
Pizza Hut Restaurant · Retail Property For Sale
Investment Highlights
- SINGLE TENANT PIZZA HUT LOCATION: 2,835-SF on a 0.59 acre lot with 39 parking spaces, full service dining room and lighted pylon sign
- RENTAL INCREASES IN EACH OPTION: 10% rental increases in each of four, 5-year renewal options
- EXTREMELY STRONG STORE PERFORMANCE: This location is ranked #1 in Texas and 12th in the entire US for store visits according to Placer.ai
- ABSOLUTE NET LEASE: 2023 renovations with just over 12 years remaining on the original Absolute Net lease after an early extension
- FRANCHISEE GUARANTEE: Lease is guaranteed by Ayvaz Pizza, the second-largest Pizza Hut franchisee in the United States, operating hundreds of location
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset
Executive Summary
2023 Renovations | Strong Store Sales | Ranked #1 in Texas for Site Visits -Placer.ai
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,835 SF
Building Class
C
Year Built/Renovated
1977/2023
Price
$3,239,130 CAD
Price Per SF
$1,142.55 CAD
Cap Rate
6.18%
NOI
$200,222 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.55 AC
Property Taxes
| Parcel Number | 4709 | Improvements Assessment | $392,311 CAD |
| Land Assessment | $240,322 CAD | Total Assessment | $632,633 CAD |
Property Taxes
Parcel Number
4709
Land Assessment
$240,322 CAD
Improvements Assessment
$392,311 CAD
Total Assessment
$632,633 CAD
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