Pizza Hut | Absolute NNN Leased Offering

3003 NE Vivion Rd, Kansas City, MO

$1,000,000

Price

6%

Cap Rate

$60,000

NOI

Overview
Cap Rate
6%
NOI
$60,000
Building Size
1,877 sqft
Lease Type
Absolute Net
Description

The subject property is a freestanding Pizza Hut located in Kansas City, MO. 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 Walgreens, Advance Auto Parts, Taco Bell, Goodyear, Walmart Supercenter, and many more.

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