Pizza Hut - Snyder, TX

3909 College Ave Snyder , TX 79549-4628

Pizza Hut - Snyder, TX - Hotels & Hospitality for sale

Download Offering Memorandum

Overview



Single-tenant Pizza Hut restaurant for sale. Located along College Avenue, the main retail corridor in Snyder and the link between downtown, the hospital and a newly constructed Walmart Supercenter. Snyder is one of the most significant energy hubs in west Texas, located in the heart of the SACROC oilfield and two major windfarms. The recently discovered Cline Shale oilfield is the largest in USGS history, poising Snyder for unprecedented growth.

Investment Highlights


  • Absolute NNN lease with zero landlord responsibilities and 8.6 years of primary term remaining
  • Contractual rent growth annually
  • Fully guaranteed lease by Tumbleweed Pizza Partners, who operate over 20 Pizza Hut restaurants and report financials quarterly
  • High-performing store, operating well above national sales averages


General
Property Type Hotels & Hospitality
Property Subtype Restaurant
Tenure Type Sale / Purchase
Property Address 3909 College Ave, Snyder, TX 79549-4628
Land In Acres 0.45
Building Size 3,019  ft2
Year Built 1974
Financial
Price $1,202,500
Cap Rate %
Lease
Tenant's Name Pizza Hut
Lease Type NNN
Lease Expiration Date 12/31/2026
Remaining Term 7.4Yrs

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