Tenant: Owner-User or Lease Available For C-Store | Carthage, TX
Premises: 4,132 SF
Renewal Options: 4 x 5 Years
Lease Expiration: 2/05/2024
Lease Type: Absolute NNN
Rental Increases: 7.5% Increase Every 5 Years, Starting 2024
Sands Investment Group is Pleased to Present For Sale the C-Store & Pizza Hut Located in Carthage, Texas. This Deal Includes an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities For the Pizza Hut and Attractive 7.5% Increases Every 5 Years, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Ausঞn, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Pizza Hut is an American restaurant chain and international franchise, known for its Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts. Pizza Hut was founded in June 1958 by two Wichita State University students, brothers Dan and Frank Carney, as a single location in Wichita, Kansas. The company operates more than 18,000 restaurants in more than 100 countries, making it the world’s largest pizza chain in terms of locations. Pizza Hut is a subsidiary of Yum! Brands, Inc., which is one of the world’s largest restaurant companies. The company announced a rebrand that began on November 19, 2014. The rebrand was an effort to increase sales. The menu was expanded to introduce various items such as crust flavors and eleven new specialty pies. Pizza Hut is split into several different restaurant formats; the original family-style dine-in locations; store front delivery and carryout locations; and hybrid locations that have carry-out, delivery, and dine-in options. Some full-size Pizza Hut locations have a lunch buffet, with “all-you-can-eat” pizza, salad, bread sticks, and a pasta bar.
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