Asking Price S$1,648,000
Sq. Footage 3,019
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1974
Lease Type NNN
Lease Expiration 2026-12-31
Tenant Pizza Hut
Lot Size 0.45 ACRES

Property Description

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


Peter Bauman
Peter Bauman
SVP, Capital Markets
Licensed in
AZ - SA647389000 NV-186153
Caroline Binning
Vice President, Capital Markets

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