Pizza Hut | 4900 2nd Ave N
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Pizza Hut 4900 2nd Ave N
2,656 SF Retail Building Great Falls, MT 59405 £899,546 (£339/SF) 6% Net Initial Yield
Investment Highlights
- Long-Term Triple Net (NNN) Lease
- Attractive Rental Increases
- Strong Franchisee Guarantee
Executive Summary
Investment Summary NNN Pro is pleased to present the exclusive listing for a Pizza Hut located at 4900 2nd Ave, Great Falls, MT 59405. The site consists of roughly 2,656 rentable square feet of building space on an estimated 0.42-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease, which commenced 5/31/2019. The annual rent is $67,340 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,656 SF
Building Class
B
Year Built/Renovated
1989/1995
Price
£899,546
Price Per SF
£339
Net Initial Yield
6%
NOI
£53,973
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
0.42 AC
Frontage
123 ft on 2nd Ave N
Amenities
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 02-3016-09-1-02-20-0000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £349,614 |
PROPERTY TAXES
Parcel Number
02-3016-09-1-02-20-0000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£349,614
Contacts
-
Glen Kunofsky -
Alexandre Marietto -
James Westerberg -
Andrew Darby -
NNN Pro Group
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Pizza Hut | 4900 2nd Ave N
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