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Pizza Hut 4900 2nd Ave N 2,656 SF Retail Building Great Falls, MT 59405 $1,504,145 CAD ($566.32 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Strong Franchisee Guarantee
- Proximity to Residential Communities
- Long-Term Triple Net (NNN) Lease
- Robust Academic Presence
Executive Summary
Surmount is pleased to present the exclusive listing for a Pizza Hut located at 4900 2nd Ave, Great Falls, MT 59405. The site consists of roughly 2,656 rentable square feet of building space on an estimated 0.42-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $79,925 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
2,656 SF
Building Class
B
Year Built/Renovated
1989/1995
Price
$1,504,145 CAD
Price Per SF
$566.32 CAD
Cap Rate
7.25%
NOI
$109,050 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.42 AC
Zoning
C - Commercial
Frontage
123’ on 2nd Ave N
Amenities
- Pylon Sign
- Restaurant
- Signage
Property Taxes
| Parcel Number | 02-3016-09-1-02-20-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $940,488 CAD |
Property Taxes
Parcel Number
02-3016-09-1-02-20-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$940,488 CAD
Contacts
-
Glen Kunofsky -
Alexandre Marietto -
James Westerberg -
Andrew Darby -
Christopher Marks -
Surmount
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Pizza Hut | 4900 2nd Ave N
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