Einzelhandel

Pizza Hut - Waupaca, WI

1080 W Fulton St Waupaca; WI United States 54981-1480
Angebotspreis
NOI NOI
Rendite
Angebotspreis
NOI NOI
Rendite

Dokumente

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Key Facts

Baujahr 1991
Gebäudefläche
Grundstücksfläche
Last Updated Date 26 Jun 2020

Objektbeschreibung

For sale is a freestanding Pizza Hut property, located in Waupaca, Wisconsin. PH Hospitality Group is a franchisee for Applebee’s and Pizza Hut locations throughout Wisconsin, offering family dining and pizza for over 21 years. The property is strategically located along West Fulton Street (13,100 VPD), a retail thoroughfare that features tenants such as Aldi, K-Mart, Pick ‘N Save, Verizon and Chevrolet. PH Hospitality Group leases the property until December 31, 2024 but the tenant has closed operations. Investors can hold the property until the end of the lease earning an 8.8% cap rate then redevelop it for a new user. They can also negotiate a lease termination and use the funds to immediately redevelop the property.

Investment-Highlights

• Fee simple interest

• Lease term of 4.9 years remaining offering a secure income stream 

• Absolute NNN lease with zero landlord responsibilities

• Strategically located, offering excellent visibility

• Excellent redevelopment opportunity with rental cash flow 

Pierce Owens
Pierce Owens
Senior Vice President
Lizenz details
TX - 510337
Alex Geanakos
Alex Geanakos
Director, Capital Markets
Lizenz details
475.189621

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