Pizza Hut | Net Leased Offering

2711 S Hazel St, Pine Bluff, AR

$866,142

Price

6.35%

Cap Rate

$55,000

NOI

Overview
Cap Rate
6.35%
NOI
$55,000
Building Size
3,525 sqft
Lease Expire Year
09/01/2029
Description

The subject property is a freestanding Pizza Hut located in Pine Bluff, AR. Pizza Hut has a brand new 10 year net lease with four five-year options to renew. The lease calls for rent escalations of 10% every 5 years. The building is 3,525 square-feet and includes a drive thru. The asset is located nearby several retailers including Walgreens, Goodwill, Exxon and many others. This is an NPC International sale leaseback of a two-tenant building with immediate upside potential through lease of vacant space.

Highlights
  • New 10 Year Net Lease
  • 100% Fee Simple Interest
  • Drive-thru Location
  • Operated by NPC International World’s Largest Pizza Hut & Wendy’s Franchisee
  • Located Nearby Several National Retailers
  • Immediate Upside Potential Through Lease of Vacant Space
Documents
Title
Offering Memorandum
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Location
Gallery