For Sale
$1,122,328
4900 2nd Ave NGreat Falls, MT 59405
Long-Term Triple Net (NNN) Lease for a Pizza Hut located at 4900 2nd Avenue North, Great Falls, Montana
Overview
- Added:
- Jan 9
- Days on market:
- 85
Highlights
- Long-Term Triple Net (NNN) Lease | The investment property is subject to a long-term, triple net (NNN) lease with over 14 years remaining. The lease has no landlord responsibilities. Strong Franchisee Guarantee | The lease is subject to a strong franchisee guarantee from Grand Mere Restaurant Group (145 units). Grand Mere is one of the leading operators in the Pizza Hut system and has grown rapidly since its founding in 2017. Attractive Rental Increases | The lease features attractive annual increases of 1.50%, hedging against inflation. Location in Great Falls | Great Falls is the third most populous city in Montana and serves as a cultural, commercial, and financial center for the central part of the state.
Property Details for 4900 2nd Ave N
- Property type
- Retail properties
- Square Feet
- 2,656 SF
- Price / Square Foot
- $422.56
- Year Built
- 1989
- Buildings
- 1
- Stories
- 1
- Elevators
- N/A
- Lot Size (sq. ft)
- 18,295 SF
- Net Operating Income
- $67,340
Location Insight
- City
- Great Falls
- County
- State
- Montana
Nearby Similar for Sale
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