Rogue Valley Mall - Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US
59 860 mètres carrés
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a 3,746 square foot freestanding, single-tenant Pizza Hut located at 903 California Avenue in Libby, Montana (“Property” or “Asset”). GMRG ACQ1, LLC (“Tenant”) has ±14.1 years of primary lease term remaining with 1.50% annual rent escalations, four, 5-year extensions and zero landlord responsibilities
The Tenant is a leading Pizza Hut franchisee with 145 stores and 3,000+ employees that achieve strong sales (please contact broker for details). Notably, the Property is the only Pizza Hut location in the surrounding 50 miles, and ranks as the #12 most visited location in Montana and in the top 37% of most visited locations in the U.S.
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Attributs
Prix demandé
1 972 000 $
Taux de capitalisation
6 %
RNI
119 000 $
WAULT
14.1 années
Superficie du bâtiment nette
348 mètres carrés
Média
Points forts de l'investissement
- ±14.1 years of primary lease term remaining with zero landlord responsibilities
- 1.50% annual rent escalations and low $81K annual rent
- Experienced franchisee with 145 locations and 3,000+ employees
- Only Pizza Hut location within a 50-mile radius
- Positioned at a signalized intersection with direct visibility to more than 18,000 VPD
- Fast-growing residential market with 23% population growth since 2010 within a 1-mile radius
Contactez les courtiers
Pizza Hut - Libby, MT (0 Propriétés)
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Dernière mise à jour
7 janv. 2025
