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Restaurant

Pizza Hut

620 W Fort Williams St, Sylacauga, AL 35150

Listing Price: $1,017,391

Cap Rate
5.75%
Tenant Name
JJB Pizza
Years Remaining On Lease
14.9
Guarantor
Franchisee Guarantee
Rentable SF
1,776
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.94

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Pizza Hut located in Sylacauga, AL. This property is subject to a new 15-year triple-net (NNN) lease. The offering consists of approximately 1,776 rentable square feet of building space and sits on approximately 0.30 acres of land. The current annual rent is $58,500 and is subject to 10% rental increases every 5 years with four, five-year tenant renewal option periods.

Investment Highlights

  • Long-Term, 15-Year Triple Net (NNN) Lease
  • 10% Rental Increases Every 5 Years
  • Four (4), Five (5)-Year Tenant Renewal Option Periods

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Listing Price: $1,017,391

Cap Rate
5.75%
Tenant Name
JJB Pizza
Years Remaining On Lease
14.9
Guarantor
Franchisee Guarantee
Rentable SF
1,776
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.94

Investment Highlights

  • Long-Term, 15-Year Triple Net (NNN) Lease
  • 10% Rental Increases Every 5 Years
  • Four (4), Five (5)-Year Tenant Renewal Option Periods

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Pizza Hut located in Sylacauga, AL. This property is subject to a new 15-year triple-net (NNN) lease. The offering consists of approximately 1,776 rentable square feet of building space and sits on approximately 0.30 acres of land. The current annual rent is $58,500 and is subject to 10% rental increases every 5 years with four, five-year tenant renewal option periods.

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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