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Pizza Hut 4789 S Harrison Blvd 1,260 SF Retail Building Ogden, UT 84403 $830,034 CAD ($658.76 CAD/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Experienced 39-Unit Franchisee | Built-In Rental Increases
- Prime Ogden Location | Harrison Boulevard Frontage | High Traffic Corridor | Hard Corner, Signalized Intersection
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Growing Population & High Household Incomes
EXECUTIVE SUMMARY
• Current lease began June 1, 2017 and runs through May 31, 2027, providing approximately 2.5 years of remaining primary term
• Leased to Wasatch Valley Pizza, LLC, a strong Pizza Hut franchisee operating 39 units across the region
• Absolute NNN lease with 10% rental increases at the beginning of each option period, supporting long-term NOI growth
• Franchisee-operated store benefiting from a national brand with strong delivery, carryout, and dine-in demand
• Leased to Wasatch Valley Pizza, LLC, a strong Pizza Hut franchisee operating 39 units across the region
• Absolute NNN lease with 10% rental increases at the beginning of each option period, supporting long-term NOI growth
• Franchisee-operated store benefiting from a national brand with strong delivery, carryout, and dine-in demand
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,260 SF
Building Class
B
Year Built
1992
Price
$830,034 CAD
Price Per SF
$658.76 CAD
Cap Rate
5.25%
NOI
$43,577 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.34 AC
Zoning
CP-2 - Community Commercial
AMENITIES
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-032-0039 | Improvements Assessment | $465,342 CAD |
| Land Assessment | $314,890 CAD | Total Assessment | $780,232 CAD |
PROPERTY TAXES
Parcel Number
06-032-0039
Land Assessment
$314,890 CAD
Improvements Assessment
$465,342 CAD
Total Assessment
$780,232 CAD
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Pizza Hut | 4789 S Harrison Blvd
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