the ben-moshe brothers of marcus millichap bmb commercial real estate nnn caprates property for sale pizza hut Milbank South Dakota

Pizza Hut 15-Year Absolute Triple-Net (NNN)

place 1201 E Milbank Ave, Milbank, South Dakota 57552

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EXECUTIVE SUMMARY

LIST PRICE $464,696
CAP RATE 6.00%
INCREASES 5% Every 5 Years
LEASE TERM 15 Years
OPTIONS Four 5-Year Options
BUILDING SIZE 3,173 SF
TYPE OF OWNERSHIP Fee Simple
GUARANTY Franchisee
PRICE PER SF $146

INVESTMENT DESCRIPTION

The Ben-Moshe Brothers of Marcus & Millichap are pleased to offer this Pizza Hut property paired with an absolute net 15-Year lease with zero landlord responsibilities (NNN triple-net investment). Pizza Hut, is the largest pizza company in the world.

INVESTMENT HIGHLIGHTS

    Brand New 15-Year Lease
    Absolute Triple-Net
    Zero Landlord Responsibilities
    Below Replacement Cost – $146 Per foot – Rare
    Very Healthy Rent-To-Sales Ratio – Conservative
    Five Percent Bumps Every Five Years
    Open & Operating
    Virtually No Competition
    Tax Free State
    Corner Lot - Signalized Intersection
    Plenty of Room for Economic Growth
    Minutes from Milbank Area Hospital
    Minutes from Valley Queen Cheese Factory
    Globally Recognized Brand Located in 106 Countries
    Pizza Hut was founded in 1958
    Sale-Leaseback
    Single Tenant Net Leased Asset

Exclusive Listing


the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Roee Ben-Moshe
  786-522-7083
  404-683-8383
  Email

the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Leeor Ben-Moshe
  786-522-7059
  404-307-7515
  Email

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