Pizza Hut NNN
New
For Sale
$981,969
1324 Hwy 124, Winnie, TX 77665
A newly executed absolute NNN lease leaves no property responsibilities with the landlord.
Property Size1,200 SF
Price / SF$818.31
Days on Market4
Property Features for 1324 Hwy 124
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Cap Rate
6.11%
Tenant in Place
Yes
Amenities
10 Year Absolute Net Lease Sale Leaseback | Zero Landlord Responsibilities
This Site has 14 Years Open & Operating History with Track Record of Success and Healthy P&L Statements will be Provided
Extremely Healthy Rent-to-Sales Ratio
1,200 SF Building Built in 2012 and Renovated in 2023
Annual Rent of $60,000 set at Rent Per SF of $50 and Purchase Price Per SF of $819
Building Details
Building Size
1,200 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap | Dallas
Listed By:
John Paine · License #License(s): TX: 764689
(972) 755-5279
Source:
Marcusmillichap
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 12:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Dallas
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot Pizza Hut restaurant in Winnie is offered through a sale-leaseback. The newly executed lease runs for 10 years and uses an absolute NNN structure, with no property responsibilities assigned to the landlord.
The property is located at 1324 Hwy 124 in Winnie, Texas. The lease structure and continued operation by the tenant are part of the offering.
The property is located at 1324 Hwy 124 in Winnie, Texas. The lease structure and continued operation by the tenant are part of the offering.
Key Highlights
- 1,200‑square‑foot Pizza Hut restaurant
- Newly executed 10‑year absolute NNN lease
- Sale‑leaseback structure with no property responsibilities for the landlord
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77665, TX
7,080
Population
2,764
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
171.5 sq mi
ZIP Area
41
Density / Sq Mi
$81,021
Median Household Income
$32,112
Median Earnings
$1,109
Median Rent
$203,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A newly executed absolute NNN lease leaves no property responsibilities with the landlord.
Where is this conventional restaurant located?
The property is located at 1324 Hwy 124 Winnie, TX.
What is the asking price?
The asking price for this property is $981,969.
What are key features of this property?
This property features: 1,200‑square‑foot Pizza Hut restaurant; Newly executed 10‑year absolute NNN lease; Sale‑leaseback structure with no property responsibilities for the landlord
