Pineville, KY - Pizza Hut

Description:

• The tenant, Tasty Hut, LLC, has 16+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• Tasty Restaurant Group, LLC is an experienced QSR franchisee with over 450 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 initial term and option periods, generating NOI and hedging against inflation

• The subject property is near multiple national/credit tenants including Walgreens, Dollar General, McDonald’s, USPS and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• Furthermore the asset is in close proximity to Pineville Community Health Center (120 beds), further increasing consumer traffic to the immediate trade area

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Listing ID: a28TP000001m2gTYAQ