Restaurant
Pizza Hut | Absolute Net | Strong Performing Store
2425 E Main St, Eagle Pass, TX 78852
Listing Price: $2,349,000
Cap Rate
6.18%
Tenant Name
Pizza Hut
Years Remaining On Lease
12.4
Guarantor
Franchisee Guarantee
Rentable SF
2,835
Lease Type
Absolute Net
Rent Per Square Feet
$51.22
Investment Overview
Marcus & Millichap is pleased to present the offering for this Pizza Hut in Eagle Pass, TX.
Pizza Hut | Absolute Net | Strong Performing Store
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.
- ABSOLUTE NET LEASE: 2023 renovations with just over 12 years remaining on the original Absolute Net lease after an early extension. No landlord responsibilities. 10% rental increases in each of four,
- FRANCHISEE GUARANTEE: Lease is guaranteed by Ayvaz Pizza, the second-largest Pizza Hut franchisee in the United States, operating hundreds of locations across 10 states
- EXTREMELY STRONG STORE PERFORMANCE: This location is ranked #1 in Texas and 12th in the entire US for store visits according to Placer.ai. Store sales average over $2 million for the previous two years.
- HIGH VISIBILITY LOCATION: Situated along E Main Street/ US-57, a major traffic artery through downtown Eagle Pass and onto the US/Mexico border seeing 23,300 vehicles per day (VPD), and easy access from all traffic directions.
- HEAVY TRAFFIC CORRIDOR: Located 2 miles from the Eagle Pass International Bridge into Mexico, seeing over 5 million annual passengers. 1.5 miles from Fort Duncan Medical Center and CC Winn High School, with 2,300 students.
- STABLE DEMOGRAPHICS: The population exceeds 50,700 within 5-miles and is projected to increase by 2030. Eagle Pass receives nearly 10,000 daily visitors from across the Mexico border to shop and eat within the city limits.
Listing Price: $2,349,000
Cap Rate
6.18%
Tenant Name
Pizza Hut
Years Remaining On Lease
12.4
Guarantor
Franchisee Guarantee
Rentable SF
2,835
Lease Type
Absolute Net
Rent Per Square Feet
$51.22
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.
- ABSOLUTE NET LEASE: 2023 renovations with just over 12 years remaining on the original Absolute Net lease after an early extension. No landlord responsibilities. 10% rental increases in each of four,
- FRANCHISEE GUARANTEE: Lease is guaranteed by Ayvaz Pizza, the second-largest Pizza Hut franchisee in the United States, operating hundreds of locations across 10 states
- EXTREMELY STRONG STORE PERFORMANCE: This location is ranked #1 in Texas and 12th in the entire US for store visits according to Placer.ai. Store sales average over $2 million for the previous two years.
- HIGH VISIBILITY LOCATION: Situated along E Main Street/ US-57, a major traffic artery through downtown Eagle Pass and onto the US/Mexico border seeing 23,300 vehicles per day (VPD), and easy access from all traffic directions.
- HEAVY TRAFFIC CORRIDOR: Located 2 miles from the Eagle Pass International Bridge into Mexico, seeing over 5 million annual passengers. 1.5 miles from Fort Duncan Medical Center and CC Winn High School, with 2,300 students.
- STABLE DEMOGRAPHICS: The population exceeds 50,700 within 5-miles and is projected to increase by 2030. Eagle Pass receives nearly 10,000 daily visitors from across the Mexico border to shop and eat within the city limits.
Investment Overview
Marcus & Millichap is pleased to present the offering for this Pizza Hut in Eagle Pass, TX.
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