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Investment Highlights

  • Property is right on Lombardi Ave with great visibility.
  • Easy highway and freeway access.
  • Located in a high traffic area.

Executive Summary

This is an investment triple net opportunity. Pizza Hut has renewed their lease and will be occupying the building for the next 5 years till 02/28/2030, then have options to renew 3X5years.

Property Facts Under Contract

Sale Type
Investment
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,726 SF
Building Class
C
Year Built
2006
Price
$2,157,743 CAD
Price Per SF
$456.57 CAD
Cap Rate
6.46%
NOI
$139,297 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.11 AC
Opportunity Zone
Yes
Zoning
G2 - Commercial - improvement
Parking
64 Spaces (13.54 Spaces per 1,000 SF Leased)
Frontage
264’ on Lombardi Ave

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Pizza Hut began in 1958, when two brothers borrowed money from their mother to open a pizza place in Wichita, Kansas. The business grew from that single restaurant into a franchised brand with a broad menu centered on pizza, pasta, chicken wings, breadsticks, desserts, and delivery or carryout service. Pizza Hut later became part of Yum! Brands and continues to operate as a global restaurant system with a large franchise network across many markets. The company has also built a history around menu and service milestones, including early online ordering and signature products such as Stuffed Crust and Pan pizza.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Buffalo Wild Wings
The Little Gym
Nicolet National Bank

Property Taxes

Property Taxes

Parcel Number
1-2732
Land Assessment
$681,312 CAD
Improvements Assessment
$616,294 CAD
Total Assessment
$1,297,605 CAD
  • Listing ID: 37438556

  • Date on Market: 2025-08-27

  • Last Updated:

  • Address: 859 Lombardi Ave, Green Bay, WI 54304

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