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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
Restaurant
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

PROPERTY TAXES

Parcel Number
1207-00B3-0027009
Land Assessment
$17,010
Improvements Assessment
$242,830
Total Assessment
$259,840
  • Listing ID: 21956265

  • Date on Market: 1/12/2021

  • Last Updated:

  • Address: 225 Jim Sharp, Kermit, TX 79745

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