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Restaurant

Pizza Hut 20-Year NNN Sale-leaseback

4200 S East St, Indianapolis, IN 46227

Listing Price: $1,238,095

Cap Rate
5.25%
Tenant Name
Quality Huts, LLC
Gross SF
4,478
Guarantor
Corporate Guarantee
Rentable SF
4,478
Price/Gross SF
$276.48
Lease Type
Absolute Net
Rent Per Square Feet
$14.52

Investment Overview

Marcus &Millichap is pleased to present the exclusive listing for the Pizza Hut located at 4200 S East St, Indianapolis IN. The site will consist of roughly 4,478 rentable square feet of building space on estimated 0.96-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 term and in each ofthe four (4), five (5)-year renewal options.

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)

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/Regional Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Restaurant

Pizza Hut 20-Year NNN Sale-leaseback

Listing Price: $1,238,095

Cap Rate
5.25%
Tenant Name
Quality Huts, LLC
Gross SF
4,478
Guarantor
Corporate Guarantee
Rentable SF
4,478
Price/Gross SF
$276.48
Lease Type
Absolute Net
Rent Per Square Feet
$14.52

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)

Investment Overview

Marcus &Millichap is pleased to present the exclusive listing for the Pizza Hut located at 4200 S East St, Indianapolis IN. The site will consist of roughly 4,478 rentable square feet of building space on estimated 0.96-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 term and in each ofthe four (4), five (5)-year renewal options.

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/Regional Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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