Pizza Hut - Waterford
|Catylist Listing ID:
|Building Size (RSF):
|Gross Land Area:
|Property Use Type:
||Net Leased Investment (NNN), Investment
||Cash to Seller, Other
Overview / Comments
- 100% occupied – Absolute NNN lease Pizza Hut property
- Long and successful operating history at this location (since 1998)
- Pizza Hut is one of the largest American restaurant chains and international franchises with over 15,000 locations worldwide
- Operated by Redberry Resto Brands International – 133+ locations in the U.S. and Canada
- Located in a strong retail trade area that features national tenants including McDonald’s, Burger King, KFC, Taco Bell, Walgreens, Arby’s, Tim Horton’s, and many more
- Very strong demographics and traffic counts in the immediate retail trade corridor
- Lease expiration: 5/31/2018
- Two 5 year options with 15% rent increases
- In-Place NOI: $52,820
- Asking price: 10% CAP: $528,207
|Number of Stories:
© Copyright Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Catylist nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.