Pizza Hut | Triple Net (NNN) Investment Opportunity

$400,000

3611 Pepperell Parkway, Opelika, AL 36801

For Sale

Retail Restaurant

Active

Last Updated: 02/19/2021

Details:

Cap Rate: 9%

NOI: $36,000

Building Size: 2,520 sqft

Lot Area: 0.73 acres

Lease Type: Triple Net

Year Built: 1976

Price Per Sqft: $211.64

Roof & Structure: Tenant’s Responsibility

HVAC: Tenant’s Responsibility

Repairs & Maintenance: Tenant’s Responsibility

Offered by

Munir Meghjani

Associate

Sands Investment Group

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Rahill Lakhani

Agent

Sands Investment Group

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Highlights:

3 Years Remaining on a Triple Net (NNN) Lease With 2 x 5 Year Options
Strong Regional Franchisee With Over 50 Locations That Have Been With Pizza Hut For Over 10 Years
Pizza Hut is a Subsidiary of YUM! Brands, Inc., the World’s Largest Restaurant Company
As of December 30, 2011, YUM! Brands, Had a Total Revenue of $12.62 Billion, a Net Income of $1.31 Billion, and a Net Worth of $1.82 Billion; YUM! Brands Has a BBB/STABLE Rating With Standard & Poors
Strong Demographics and Foot Traffic – There are 77,759 Residents With an Average Household Income of $62,290
Within a 5-Mile Radius of the Property
Located a Few Miles Away From Auburn University and East Alabama Medical Center
Surrounded by Residential Housing Such as Hilltop Pines Apartments, Paces at the Estates and The Reserve at Opelika
Nearby Tenants Include: Goodwill, Harbor Freight Tools, Sprint, Walmart, McDonald’s, Dollar General, Dollar Tree, Murphy USA and Planet Fitness

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,520 SF Pizza Hut Located at 3611 Pepperell Parkway in Opelika, Alabama. This Opportunity Includes a High Quality Tenant That is a Subsidiary of YUM! Brands, Inc., Which is the World’s Largest Restaurant Company, Providing For a Stable Investment.

In Cooperation with BoR: Andrew Ackerman – Lic. #C0001099750