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Restaurant

Pizza Hut | 12 Years Remaining | Abs. Net Lease | Dense Retail Corridor

1475 N Main St, Beaver Dam, KY 42320

Listing Price: $1,000,000

Cap Rate
5.00%
Tenant Name
Pizza Hut
Years Remaining On Lease
11.7
Guarantor
Franchisee Guarantee
Rentable SF
2,919
Lease Type
Absolute Net
Rent Per Square Feet
$17.13

Investment Overview

Marcus & Millichap is pleased to bring to market Pizza Hut located in Beaver Dam, KY.

Investment Highlights

  • Twelve Years Remaining on an Absolute Net Lease with Four, Five-Year Renewal Options and 5 Percent Rental Increases Every Five Years
  • Lease Guaranteed by Seven Unit Franchisee
  • Renovated in 2018 to "Pizza Hut Classic" Location, a Rebranded Store Concept that Focuses on Retro Inspired Branding
  • Situated in a Desne Retail Corridor Near Multiple National Tenants: Walmart Supercenter, Burger King, Tractor Supply, Domino's, KFC, McDonald's, Taco Bell, and More
  • Main Street / US-231 Sees Over 13,575 Vehicles Per Day, Three Miles From Interstate-165
  • Strong Demographics: Population of 12,600+ Within Five-Miles | Average HHI Exceeds $63,000 Within Three-Miles

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Financing By

Restaurant

Pizza Hut | 12 Years Remaining | Abs. Net Lease | Dense Retail Corridor

Listing Price: $1,000,000

Cap Rate
5.00%
Tenant Name
Pizza Hut
Years Remaining On Lease
11.7
Guarantor
Franchisee Guarantee
Rentable SF
2,919
Lease Type
Absolute Net
Rent Per Square Feet
$17.13

Investment Highlights

  • Twelve Years Remaining on an Absolute Net Lease with Four, Five-Year Renewal Options and 5 Percent Rental Increases Every Five Years
  • Lease Guaranteed by Seven Unit Franchisee
  • Renovated in 2018 to "Pizza Hut Classic" Location, a Rebranded Store Concept that Focuses on Retro Inspired Branding
  • Situated in a Desne Retail Corridor Near Multiple National Tenants: Walmart Supercenter, Burger King, Tractor Supply, Domino's, KFC, McDonald's, Taco Bell, and More
  • Main Street / US-231 Sees Over 13,575 Vehicles Per Day, Three Miles From Interstate-165
  • Strong Demographics: Population of 12,600+ Within Five-Miles | Average HHI Exceeds $63,000 Within Three-Miles

Investment Overview

Marcus & Millichap is pleased to bring to market Pizza Hut located in Beaver Dam, KY.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

Financing By

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