Skip to main content

Restaurant

Pizza Hut

1080 E Main St, Brownsburg, IN 46112

Listing Price: $1,300,000

Cap Rate
5.00%
Tenant Name
Quality Huts, LLC
Gross SF
2,420
Guarantor
Corporate Guarantee
Rentable SF
2,420
Price/Gross SF
$537.19
Lease Type
Absolute Net
Rent Per Square Feet
$26.86

Investment Overview

Marcus &Millichap is pleased to present the exclusive listing for the Pizza Hut located at 1080 E Main Street in Brownsburg, IN. The site will consist of roughly 2,420 rentable square feet of building space on estimated 0.58-acre parcel of land. The Pizza Hut is subject to a 20-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent will be $65,000 and is scheduled to increase by one-and-a-half percent (1.50%) annually starting year two (2) throughout the base termand in each of the four (4), five (5)-year renewaloptions.

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Lease Commencement Upon Close of Escrow
  • One-And-A-Half Percent (1.50%) Rental Increases Annually Starting Year Two (2)
  • Four (4), Five (5)-Year Tenant Renewal Options
  • Full Franchisee Guarantee from Quality Huts, LLC

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Listing Price: $1,300,000

Cap Rate
5.00%
Tenant Name
Quality Huts, LLC
Gross SF
2,420
Guarantor
Corporate Guarantee
Rentable SF
2,420
Price/Gross SF
$537.19
Lease Type
Absolute Net
Rent Per Square Feet
$26.86

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Lease Commencement Upon Close of Escrow
  • One-And-A-Half Percent (1.50%) Rental Increases Annually Starting Year Two (2)
  • Four (4), Five (5)-Year Tenant Renewal Options
  • Full Franchisee Guarantee from Quality Huts, LLC

Investment Overview

Marcus &Millichap is pleased to present the exclusive listing for the Pizza Hut located at 1080 E Main Street in Brownsburg, IN. The site will consist of roughly 2,420 rentable square feet of building space on estimated 0.58-acre parcel of land. The Pizza Hut is subject to a 20-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent will be $65,000 and is scheduled to increase by one-and-a-half percent (1.50%) annually starting year two (2) throughout the base termand in each of the four (4), five (5)-year renewaloptions.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

MM Texture Background
MM Textured Background Lower