Log In/Sign Up
Your email has been sent.
Pizza Hut 414 NW 21st St 1,994 SF Retail Building Guymon, OK 73942 $2,315,144 CAD ($1,161.06 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Triple Net (NNN) Lease | This investment is subject to absolute triple-net lease with no landlord responsibilities.
- Long Term Lease | The Lease contains 4, 5 year renewal options, resulting in an ultimate lease term of over 34 years.
- Experienced Multi-Unit Operator | The lease is subject to a guaranty from Grand Mere Restaurant Group, a reputable Pizza Hut Franchisee
Executive Summary
Surmount is pleased to present the exclusive listing for a Pizza Hut located at 414 Northwest 21st Street, Guymon, OK 73942. The site consists of roughly 1,994 rentable square feet of building space on an estimated 0.361-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease, which commences at the Close of Escrow. The current annual rent is $122,669 and has scheduled increases of 2.00% annually starting year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,994 SF
Building Class
C
Year Built
2017
Price
$2,315,144 CAD
Price Per SF
$1,161.06 CAD
Cap Rate
7.25%
NOI
$167,848 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.36 AC
Frontage
106’ on NW 21st St
Amenities
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $86,979 CAD | |
| Land Assessment | $30,705 CAD | Total Assessment | $117,684 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$30,705 CAD
Improvements Assessment
$86,979 CAD
Total Assessment
$117,684 CAD
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Pizza Hut | 414 NW 21st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.