Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area

Property Description

For sale is a freestanding Pizza Hut property, located in Clintonville, Wisconsin. PH Hospitality Group is a franchisee for Applebee’s and Pizza Hut locations throughout Wisconsin, offering family dining and pizza for over 21 years. The property is strategically located along South Main Street (13,100 VPD), a retail thoroughfare that features tenants such as O’Reilly Auto Parts, Dollar General, Dodge and Fleet Farm. PH Hospitality Group leases the property until December 31, 2024 but the tenant has closed operations. Investors can hold the property until the end of the lease earning a 11.44% cap rate then redevelop it for a new user. They can also negotiate a lease termination and use the funds to immediately redevelop the property.

Investment Highlights

• Fee simple interest

• Lease term of 4.9 years remaining offering a secure income stream 

• Absolute NNN lease with zero landlord responsibilities

• Strategically located, offering excellent visibility

• Excellent redevelopment opportunity with rental cash flow

Last Updated Date: 30 Jul 2020
Pierce Owens
Pierce Owens
Senior Vice President
License details
TX - 510337
Donna Kolius
Donna Kolius, CCIM
Executive Vice President
License details
TX - 309164

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Last Updated Date: 30 Jul 2020

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