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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

820 Tx-207 Spearman, TX 79081

2,161 SF 1.04 ac lot Built 2005
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 820 TX-207 in Spearman, Texas, 79081. The property boasts a strong location on a major thoroughfare (TX-207) within a high-traffic corridor. Built in 2005, this 2,161 square foot building sits on a 1.04-acre lot and is currently 100% occupied by a national credit tenant, Pizza Hut. The lease features a remaining term of 14.7 years with attractive 1.50% annual rent increases, providing consistent and predictable cash flow. The asking price is $1,507,000, representing a price per square foot of $697.36 and a 6.00% capitalization rate. The property's Net Operating Income (NOI) is $90,420. This is a rare opportunity to acquire a well-established, low-maintenance, and high-performing investment property with significant long-term growth potential. The single-story building offers a straightforward investment structure with minimal management responsibilities. The property's location and the strength of the tenant combine to create a compelling investment proposition. This is a turnkey investment ideal for passive income seekers.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Total area 2,161 SF
Lot 1.04 ac (45,302 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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