903 California Ave, Libby, MT, 59923, US

Pizza Hut - Libby, MT

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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Caractéristiques de l'actif

Prix attendu

1 309 000 €

Taux de capitalisation

6 %

Revenu net

79 000 €

WALT

14.1 années

Surface de l'actif Net

348 m²

Média

Points clés d'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