322 South 2nd Street

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322 South 2nd Street

Canadian, TX 79014
Asking Price
$990K
Cap Rate
7.5%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Established Canadian, TX Location <ul><li>​<span style="color: rgba(0, 30, 69, 1)">Long-Term Absolute NNN Lease | ±13 Years Remaining</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Established Pizza Hut Location Operated by Experienced Franchisee (</span>±126‑Units)</li><li>​<span style="color: rgba(0, 30, 69, 1)">Prime Position Along U.S. Route 83 | Canadian’s Main Commercial Corridor</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Stable Rural Market Supported by Energy, Ranching & Local Services</span></li><l

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NOI
$80,000
Cap Rate
8.08%
DSCR
1.36
Strong
Cash-on-Cash
7.16%
Monthly Payment
$4,895.605
Annual Cash Flow
$21,252.739

Location & Travel Times