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Pizza Hut 3966 Hickory Blvd

3,067 SF Retail Building Granite Falls, NC 28630 £447,188 (£146/SF) 6% Net Initial Yield

Investment Highlights

  • New 17-Year Lease | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
  • Signalized, Hard Corner Intersection | Strong National/Credit Tenant Presence | South Caldwell High School (1,317 students)
  • Absolute NNN | Zero Landlord Responsibilities | Fee-Simple Ownership
  • Demographics 5-Mile Trade Area

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,067 SF
Building Class
B
Year Built
1993
Price
£447,188
Price Per SF
£146
Net Initial Yield
6%
NOI
£26,831
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.85 AC
Zoning
H-B - Highway Business
Parking
39 Spaces (12.72 Spaces per 1,000 SF Leased)
Frontage
195 ft on Hickory Boulevard

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Nearby Major Retailers

IGA
PNC Bank
First Horizon Bank
First Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-46-1-28
Land Assessment
£388,647
Improvements Assessment
£151,963
Total Assessment
£540,610
  • Listing ID: 34425797

  • Date on Market: 09/01/2025

  • Last Updated:

  • Address: 3966 Hickory Blvd, Granite Falls, NC 28630

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