Pizza Hut, Masontown, PA

//Pizza Hut, Masontown, PA
Pizza Hut, Masontown, PA 2017-04-26T19:01:30+00:00

Project Description

2165 MCCLELLANDTOWN RD

Masontown, PA 15461

2,100 SF Retail For Sale

Pizza Hut - WingStreet Restaurant


Price: $480,000
Building Size: 2,100 SF
Price/SF: $228.57
Property Type: Retail
Property Sub-type: Free Standing Bldg
Property Use: Net Lease Investment with 10 years left on lease
Commission Split:  Call Agent
Cap Rate:  6.75%
Tenancy:  Single
Year Built:  1985
Lot Size:  0.57 AC

Description:

PrimeNetLease is excited to offer an entry level Absolute NNN investment, excellent for exchange buyers. This build-to-suit Pizza Hut restaurant is located Masontown, PA has been recently taken over by a large franchise operator (105 Units) under a brand new 10 years NNN lease.   This location will be remodeled to a new model Pizza Hut restaurant by May 2017.  The entire cost (over $400,000) will be borne by the new operator. This location must be sold in tandem with the Brownsville, PA location.

Masontown is located 35 miles outside of Pittsburgh, PA

Attachments:

Marketing Brochure

Highlights:

  • 9 Years Remaining on an Absolute NNN Lease
  • Absolute NNN Lease with zero landlord obligations – Tenant pays all expenses
  • 10% increases every 5 years
  • Short driving distance to Pittsburgh, PA
  • Experienced Multi-Unit Franchiser
  • Attractive 6.75% Cap Rate

RECENT SALES