Turn-Key Pizza Hut Restaurant - Investment

Listing was updated at: 06/04/2019
Property Overview
Price/Rent PSF $ 549,900.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 2,220
Date Available 04/26/2019
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Description

Location
This property is strategically located on the corner of Union Road and Zoerb Avenue just north of Walden Avenue, very close to the New Walmart Super Center and the Galleria Mall, which attracts visitors from many surrounding areas including Canada. NYS Thruway exit 51-E Walden Avenue.

Sale
This freestanding Pizza Hut building consist of 2,220 +/- square feet. This operating Pizza Hut is an established location where it has operated successfully for 30 +/- years and remolded recently. 2+/year remaining on the current lease term, with three (3), 5 year renewal options. The rent escalates by ten percent in each option period, and historically. This is a true triple net (NNN) lease investment opportunity.

This investment opportunity is offered at a high cap rate. Also have a second fully leased Pizza Hut available at 5565 Camp Road, Hamburg, NY. Call For Details.

Location