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Absolute Net Pizza Hut 2017 W Court St 1,800 SF 100% Leased Retail Building Janesville, WI 53548 $2,933,256 CAD ($1,629.59 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Absolute Net Lease with Zero Landlord Responsibilities
- 13 Years Remaining with 10% Rent Increases Every Five Years
- Franchisee Guarantee from a Midwest-Based Operator Founded in 1972
- Newer Construction (2023) Small Format Delivery/Carryout "DELCO" Store that Replaced Former Dine-In Restaurant
- Healthy Store Sales and Rent-to-Sales Ratios - Contact Agent for More Information
- Over 66,000 Residents within Five Miles with Average Household Income of $75,989
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
1,800 SF
Building Class
C
Year Built
2023
Price
$2,933,256 CAD
Price Per SF
$1,629.59 CAD
Cap Rate
6.50%
NOI
$190,615 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
0.65 AC
Parking
26 Spaces (14.44 Spaces per 1,000 SF Leased)
Frontage
89’ on West Court Street
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 5
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Absolute Net Pizza Hut | 2017 W Court St
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