the ben-moshe brothers of marcus millichap bmb commercial real estate nnn caprates property for sale pizza hut knoxville iowa

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

place 1201 W. Larson St., Knoxville, Iowa 50138

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EXECUTIVE SUMMARY

LIST PRICE $711,000
CAP RATE 6.75%
INCREASES 5% Every 5 Years
LEASE TERM 15 Years
OPTIONS Four 5-Year Options
LOT SIZE 0.75 ACRES
TYPE OF OWNERSHIP Fee Simple
GUARANTY Franchisee
PRICE PER SF $344

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
    Five Percent Bumps Every Five Years
    Open & Operating since 1972
    Directly Across Knoxville Raceway
    Sprint Car Capital of the World, Over 24,000 Seats
    Minutes from 3M (NYSE: MMM) Plant - Fortune 500
    Minutes from Hormel Foods (NYSE:HRL) - Fortune 500
    Across Hy Vee
    Minutes from Local Airport
    Minutes From IA5
    Minutes from Hospital & Clinics
    Close to Military Base
    Minutes from Young's Park
    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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