This Retail Property is no longer advertised on LoopNet.com.
225 Jim Sharp
Kermit, TX 79745
Pizza Hut- 2.5x National Average Sales · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- 14+ Year leased Pizza Hut in West Texas
- ADT Pizza is one of the largest franchisees in the Pizza Hut system - 174+ units with planned development and acquisition growth
- 1.25% annual rental bumps throughout lease term
- Extremely strong tenant sales - 2.5x national average for Pizza Hut
- This location is #2 in sales for franchisee - saw 20% sales uptick during COVID
- Planned $175K remodel at tenant's expense - strong commitment to site
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Restaurant
- General Retail Fast Food
Building Size
2,532 SF
Year Built/Renovated
1966/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.84 AC
PROPERTY TAXES
Parcel Number | 1207-00B3-0027009 | Improvements Assessment | $242,830 |
Land Assessment | $17,010 | Total Assessment | $259,840 |
Listing ID: 21956265
Date on Market: 1/12/2021
Last Updated:
Address: 225 Jim Sharp, Kermit, TX 79745