Absolute NNN Pizza Hut
322 S 2nd St Canadian, TX 79014
322 S 2nd St, Canadian, TX, 79014
$1,037,962
For Sale
$1,037,962
Long-term absolute NNN lease to Pizza Hut at 322 S 2nd St, with 1.5% annual rent increases.
Property Size2,644 SF
Price / SF$392.57
Days on Market70
Property Features for 322 S 2nd St
General Information
- Standard status
- Active
- Size
- 2,644 SF
- Property subtype
- Restaurant
Listing agency
Marcus & Millichap - Los Angeles
(310) 909-2394
Listed by
Jason Fefer · License #License(s): CA: 02100489
(310) 909-2394
Source
Marcusmillichap
Added: May 14 Updated: Jul 21 at 3:51PM Checked: Jul 21 at 3:51PM
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Investment Insights
Based on property information with market context.
Marcus & Millichap presents a long-term absolute NNN lease opportunity with a Pizza Hut location at 322 S 2nd St, Canadian, TX. The lease features 13 years remaining on the primary term and includes 1.5% annual rent increases. The lease structure is presented as absolute NNN, with limited landlord responsibilities.
The property is positioned along U.S. Route 83, Canadian’s primary north–south arterial, where visibility and convenient access support delivery- and carryout-focused QSR activity. The tenant is backed by Grand Mere Restaurant Group, a 126-unit Pizza Hut franchisee operating across nine states, providing additional credit support for the lease.
This is offered for sale as a net-lease asset in a regional commercial corridor supported by energy activity, ranching, and local services.
The property is positioned along U.S. Route 83, Canadian’s primary north–south arterial, where visibility and convenient access support delivery- and carryout-focused QSR activity. The tenant is backed by Grand Mere Restaurant Group, a 126-unit Pizza Hut franchisee operating across nine states, providing additional credit support for the lease.
This is offered for sale as a net-lease asset in a regional commercial corridor supported by energy activity, ranching, and local services.
Key Highlights
- Long‑term absolute NNN lease to Pizza Hut at 322 S 2nd St, Canadian, TX
- Lease has 13 years of remaining primary term with rent increases of 1.5% annually
- Backed by Grand Mere Restaurant Group, a 126‑unit Pizza Hut franchisee operating across nine states
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Long-term absolute NNN lease to Pizza Hut at 322 S 2nd St, with 1.5% annual rent increases.
Where is this nnn property located?
The property is located at 322 S 2nd St Canadian, TX.
What is the asking price?
The asking price for this property is $1,037,962.
What are key features of this property?
This property features: Long‑term absolute NNN lease to Pizza Hut at 322 S 2nd St, Canadian, TX; Lease has 13 years of remaining primary term with rent increases of 1.5% annually; Backed by Grand Mere Restaurant Group, a 126‑unit Pizza Hut franchisee operating across nine states
