Restaurant
Pizza Hut
941 W South Blvd, Montgomery, AL 36105
Listing Price: $1,428,571
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
Listing Price: $1,428,571
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
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Eddie Greenhalgh
Senior Vice President Investments
