Restaurant
Pizza Hut
4762 Cottage Grove Rd, Madison, WI 53714
Listing Price: $1,415,000
Cap Rate
7.00%
Tenant Name
Pizza Hut
Years Remaining On Lease
11.1
Guarantor
Regional Franchisee
Rentable SF
1,584
Lease Type
Absolute Net
Rent Per Square Feet
$62.53
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.
Investment Highlights
- Absolute Net Lease with Zero Landlord Responsibilities
- 11 Years Remaining with 10 Percent Rent Increases Every Five Years
- Cap Rate Increases to 7.7 Percent upon July 2027 Rent Increase
- Smaller Concept Store with Drive-Thru Pick Up Window
- Franchisee Guarantee from a Midwest-Based Operator Founded in 1972
- Over 148,000 Residents within Five Miles with Average Household Income of $85,745
Exclusively Listed By
Financing By
Listing Price: $1,415,000
Cap Rate
7.00%
Tenant Name
Pizza Hut
Years Remaining On Lease
11.1
Guarantor
Regional Franchisee
Rentable SF
1,584
Lease Type
Absolute Net
Rent Per Square Feet
$62.53
Investment Highlights
- Absolute Net Lease with Zero Landlord Responsibilities
- 11 Years Remaining with 10 Percent Rent Increases Every Five Years
- Cap Rate Increases to 7.7 Percent upon July 2027 Rent Increase
- Smaller Concept Store with Drive-Thru Pick Up Window
- Franchisee Guarantee from a Midwest-Based Operator Founded in 1972
- Over 148,000 Residents within Five Miles with Average Household Income of $85,745
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.
Exclusively Listed By
Financing By