1100 W Roosevelt Hwy - Freestanding FOR SALE


Shelby, MT 59474
$1,041,000 USD
470-344-2586
1100 W Roosevelt Hwy, Shelby, MT for Sale
$1,041,000 USD
Freestanding - FOR SALE
1/7
null | 6.25% Cap Rate

1100 W Roosevelt Hwy
Shelby, MT 59474


HIGHLIGHTS

  • 20 Years Remaining | Options To Extend | Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Roosevelt Hwy (3,900 VPD) | Retail Corridor |Strong National/Credit Tenant Presence

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Pizza Hut investment property located in Shelby, Montana. The tenant, GMRG ACQ 1, LLC, has 20 years remaining at COE with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2.00% annual rental increases starting in year 7 of the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$1,041,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

Commercial

APN/PARCEL ID

21-4424-21-4-15-01-0000

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.