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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

  • 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: $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

  • 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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