Pizza Hut | Triple Net (NNN) Investment Opportunity

3611 Pepperell Parkway, Opelika, AL

   SOLD!   

$400,000

Price

9%

Cap Rate

$36,000

NOI

Gallery
Street
Map
Overview
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
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

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
Documents
Location
Gallery