Restaurant
Pizza Hut | 12 Years Remaining | Abs. Net Lease | Dense Retail Corridor
1475 N Main St, Beaver Dam, KY 42320
Listing Price: $869,000
Cap Rate
5.75%
Tenant Name
Pizza Hut
Years Remaining On Lease
11.2
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.
Pizza Hut | 12 Years Remaining | Abs. Net Lease | Dense Retail Corridor
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
Financing By
Restaurant
Pizza Hut | 12 Years Remaining | Abs. Net Lease | Dense Retail Corridor
Listing Price: $869,000
Cap Rate
5.75%
Tenant Name
Pizza Hut
Years Remaining On Lease
11.2
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
Financing By
