Pizza Hut | Absolute NNN Leased Offering

1819 11th Ave, Haleyville, AL

$750,000

Price

6%

Cap Rate

$45,000

NOI

Overview
Cap Rate
6%
NOI
$45,000
Building Size
2,785 sqft
Lot Area
0.53 acres
Description

The subject property is a freestanding Pizza Hut located in Haleyville, AL. Pizza Hut has a brand new 10 year absolute net lease with four five-year options to renew. The lease calls for rent escalations of 10% every 5 years. The asset is located nearby several retailers including Piggly Wiggly and CVS pharmacy.

Highlights
  • New 10 Year Absolute NNN Lease
  • 100% Fee Simple Interest
  • Zero Landlord Responsibilities
  • Operated by NPC International World’s Largest
  • Wendy’s & Pizza Hut Franchisee
  • Surrounded by Major Retailers
Documents
Title
Offering Memorandum
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Location
Gallery