Skip to main content

Restaurant

Pizza Hut

941 W South Blvd, Montgomery, AL 36105

Listing Price: $1,428,571

Cap Rate
5.25%
Tenant Name
JJB Pizza 2
Years Remaining On Lease
14.8
Guarantor
Franchisee Guarantee
Rentable SF
1,560
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$48.08

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Pizza Hut located in Montgomery, Alabama. This property will be subject to a new 15-year triple-net (NNN) lease. The offering consists of approximately 1,560 rentable square feet of building space and sits on approximately 1.66 acres of land. The annual rent will be $75,000 and will be 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
  • A 10% Rental Increases Every Five Years
  • Four, Five -Year Tenant Renewal Option Periods

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Listing Price: $1,428,571

Cap Rate
5.25%
Tenant Name
JJB Pizza 2
Years Remaining On Lease
14.8
Guarantor
Franchisee Guarantee
Rentable SF
1,560
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$48.08

Investment Highlights

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

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Pizza Hut located in Montgomery, Alabama. This property will be subject to a new 15-year triple-net (NNN) lease. The offering consists of approximately 1,560 rentable square feet of building space and sits on approximately 1.66 acres of land. The annual rent will be $75,000 and will be subject to 10% rental increases every 5 years with four, five-year tenant renewal option periods.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

MM Texture Background
MM Textured Background Lower