702 N Swenson St
Stamford, TX 79553
Pizza Hut | Stamford, TX · Retail Property For Sale

JLL Disposition Services is pleased to offer for sale an absolute NNN net leased restaurant located in Stamford, TX. The tenant, Progressive Pizza Partners L.P., is a Pizza Hut franchisee that operates 11 Pizza Hut Restaurants in Texas. The company was founded in 1998 and is based in McKinney, Texas. The Company was founded 1998 by Michael Baird, who brings more than 30 years of experience in the Pizza Hut system. Pizza Hut, Inc. is a subsidiary of Yum! Brands, the world' s largest restaurant company which also owns the KFC and Taco Bell restaurant brands. In 2015, the company had more than 6,000 Pizza Hut restaurants in the United States and 5,139 store locations in 94 other countries and territories worldwide. Pizza Hut has a total of 11,139 branches worldwide. This offering provides an excellent opportunity for investors seeking high investment returns and developers willing to reposition the property if the tenant does not renew. This short-term absolute NNN quick serve restaurant is situated in Stamford, TX. Stamford, TX is located on US Highway 277 and State Highway 6. Stamford is 41 miles north of Abilene, 132 miles west of Fort Worth, 137 miles east southeast of Lubbock. It is located in both northern Jones County and Haskell County. Lake Stamford, in Haskell County, provides recreation and the town' s water supply. Many thousands of acres of arable farmland surround the city, the majority of which are used to cultivate upland cotton. The city is home to the annual Texas Cowboy Reunion hosted in July.