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1823 W Hill Ave
Valdosta, GA 31601
PIZZA HUT · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Lease – Pizza Hut just signed a 10-year lease renewal, demonstrating their commitment to the site.
- Upcoming Renovations – Tenant is will be renovating the site, signaling a long-term commitment to the location.
- Long Term Operations – This Pizza Hut has been operating at this location since 1999, demonstrating strong historical performance and long-standing cu
- Absolute NNN – This lease offers zero responsibility for the landlord, making this an ideal hands-off investment opportunity.
- Scheduled Rent Increases – The lease includes a 10% increase after year 5, with additional 5% increases at each renewal option, providing built-in inc
- Strong Franchisee – This lease was recently assumed by Flynn Restaurant Group (American Hut), the largest franchisee operator in the United States.
EXECUTIVE SUMMARY
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,900 SF
Building Class
C
Year Built
1976
Price
$1,694,015 CAD
Price Per SF
$584.14 CAD
Cap Rate
6%
NOI
$101,641 CAD
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
Parking
47 Spaces (16.21 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Number | 0088B-022 | Improvements Assessment | $208,166 CAD |
| Land Assessment | $314,789 CAD | Total Assessment | $522,955 CAD |
PROPERTY TAXES
Parcel Number
0088B-022
Land Assessment
$314,789 CAD
Improvements Assessment
$208,166 CAD
Total Assessment
$522,955 CAD
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