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Restaurant

Pizza Hut

2017 W Court St, Janesville, WI 53548

Listing Price: $2,093,000

Cap Rate
6.50%
Tenant Name
Pizza Hut
Years Remaining On Lease
13.1
Guarantor
Regional Franchisee
Rentable SF
1,800
Lease Type
Absolute Net
Rent Per Square Feet
$75.56

Investment Overview

Marcus & Millichap is pleased to present this portfolio of absolute net Wisconsin Pizza Huts. Each location is available for sale individually and the leases have 11 - 13 years remaining with 10 percent rent increases every five years. This Janesville location is a newer construction replacement of a former dine-in Pizza Hut.

Investment Highlights

  • Absolute Net Lease with Zero Landlord Responsibilities
  • Newer Construction (2023) Small Format Delivery/Carryout "DELCO" Store that Replaced Former Dine-In Restaurant
  • 13 Years Remaining with 10 Percent Rent Increases Every Five Years
  • Healthy Store Sales and Rent-to-Sales Ratios - Contact Agent for More Information
  • Franchisee Guarantee from a Midwest-Based Operator Founded in 1972
  • Over 66,000 Residents within Five Miles with Average Household Income of $75,989

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

Listing Price: $2,093,000

Cap Rate
6.50%
Tenant Name
Pizza Hut
Years Remaining On Lease
13.1
Guarantor
Regional Franchisee
Rentable SF
1,800
Lease Type
Absolute Net
Rent Per Square Feet
$75.56

Investment Highlights

  • Absolute Net Lease with Zero Landlord Responsibilities
  • Newer Construction (2023) Small Format Delivery/Carryout "DELCO" Store that Replaced Former Dine-In Restaurant
  • 13 Years Remaining with 10 Percent Rent Increases Every Five Years
  • Healthy Store Sales and Rent-to-Sales Ratios - Contact Agent for More Information
  • Franchisee Guarantee from a Midwest-Based Operator Founded in 1972
  • Over 66,000 Residents within Five Miles with Average Household Income of $75,989

Investment Overview

Marcus & Millichap is pleased to present this portfolio of absolute net Wisconsin Pizza Huts. Each location is available for sale individually and the leases have 11 - 13 years remaining with 10 percent rent increases every five years. This Janesville location is a newer construction replacement of a former dine-in Pizza Hut.

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

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