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Yadkinville, NC - Pizza Hut

$1,033,333

914 S. State Street, Yadkinville, NC 27055

Active
Last Updated: 02/11/2025

6

Cap Rate

62,000

NOI

Details:
Cap Rate:    6%
NOI:    $62,000
Building Size:    2,838 sqft
Lot Area:    0.59 acres
Year Built:    1989
Zoning:    B2: Commercial
Description:

• The tenant, Tasty Hut, LLC, signed a brand new 17 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• Tasty Hut, LLC is an experienced QSR franchisee with over 400 restaurants strong across 23 states operating under six iconic brands: Pizza Hut, Burger King, Dunkin’, Baskin-Robbins, Kentucky Fried Chicken and Taco Bell brands
• The lease features annual rental increases of 1.50% throughout the initial term and option periods, generating NOI and hedging against inflation

• The tenant, Tasty Hut, LLC, signed a brand new 17 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• Tasty Hut, LLC is an experienced QSR franchisee with over 400 restaurants strong across 23 states operating under six iconic brands: Pizza Hut, Burger King, Dunkin’, Baskin-Robbins, Kentucky Fried Chicken and Taco Bell brands
• The lease features annual rental increases of 1.50% throughout the initial term and option periods, generating NOI and hedging against inflation

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