Pizza Hut - Libby, MT

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.