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Property profile & analytics
OFF-MARKET
Commercial real estate

427 Andrews Hwy Midland, TX 79701

1,963 SF 0.47 ac lot Built 1964
Entity Owned 1-yr Hold
Property ID
US83-3939940
Property summary
AI-generated overview

This exceptional investment opportunity presents a 100% occupied Pizza Hut restaurant located at 427 Andrews Hwy, Midland, TX 79701. The property boasts 1,963 square feet situated on a 0.47-acre lot. Built in 1964, this single-tenant retail building operates under an Absolute NNN lease, minimizing landlord responsibilities. The current asking price is $1,265,000, translating to a compelling price per square foot of $644.42 and a strong 6.00% capitalization rate. The property generates a substantial Net Operating Income (NOI) of $75,909 annually. This established Pizza Hut location benefits from its strategic position in Midland County, Texas, within a thriving commercial area. The property's strong performance and favorable lease terms make it an attractive addition to any investment portfolio seeking stable cash flow and significant return on investment. The property's size and location offer potential for future growth and appreciation. This is a rare opportunity to acquire a well-established, high-performing QSR property in a desirable Texas market. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Year built 1964
Total area 1,963 SF
Lot 0.47 ac (20,473 SF)
UPID US83-3939940
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
Current use
Occupant on record · Public records
  • Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Pizza Town Holdco LLC · 1 yrs held
Pizza Town Holdco LLC
since 2024
3 recorded transactions
2024
Price N/A
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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