225 Jim Sharp | Kermit, TX 79745
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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
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 |
PROPERTY TAXES
Parcel Number
1207-00B3-0027009
Land Assessment
$17,010
Improvements Assessment
$242,830
Total Assessment
$259,840
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