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Pizza Hut 1010 N State St 2,365 SF Retail Building Greenfield, IN 46140 $1,589,482 CAD ($672.09 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand-New Long-Term Lease
- High-Traffic Corridor
- Strong Franchisee Guarantee
- Retail Corridor Presence
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Pizza Hut located at 1010 N State St, Greenfield, IN 46140. The site consists of roughly 2,365 rentable square feet of building space on an estimated 0.45-acre parcel of land. This Pizza Hut is subject to a 15-year Triple Net (NNN) lease, which commenced 6/1/2025. The current annual rent is $76,899 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,365 SF
Year Built
1974
Price
$1,589,482 CAD
Price Per SF
$672.09 CAD
Cap Rate
6.75%
NOI
$107,289 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.45 AC
Frontage
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 30-07-32-102-005.000-009 | Improvements Assessment | $348,521 CAD |
| Land Assessment | $180,539 CAD | Total Assessment | $529,060 CAD |
PROPERTY TAXES
Parcel Number
30-07-32-102-005.000-009
Land Assessment
$180,539 CAD
Improvements Assessment
$348,521 CAD
Total Assessment
$529,060 CAD
CONTACTS
-
Glen Kunofsky -
Kyle Karsian -
Patrick Finn -
Walker Stevens -
Christopher Marks -
Surmount
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Pizza Hut | 1010 N State St
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