Technical
Financial
Distress signals
Property profile

427 Andrews Hwy Midland, TX 79701

OFF-MARKET
Retail properties & Spaces
Property ID
US83-3939940
1,963 SF 0.47 ac lot Built 1964
Entity Owned 1-yr Hold
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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 Retail properties & Spaces
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

Current use

Occupant on record · Public records
  • Take-out & Catering

Location

427 Andrews Hwy Midland, TX 79701
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2019
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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