Property summary
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
VerifiedCap rate & NOI
Current use
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Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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