126 W 14th St - Fast Food FOR SALE


Larned, KS 67550
$955,427 USD
310-909-2394
126 W 14th St, Larned, KS for Sale
$955,427 USD
Fast Food - FOR SALE
1/3
null | 7.15% Cap Rate

126 W 14th St
Larned, KS 67550


HIGHLIGHTS

  • Prime U.S. Highway 56 Location | Strong Visibility & Local Connectivity
  • Long-Term Absolute NNN Lease With Built-In Annual Rent Growth
  • Established Franchisee Operator | Backed by a Global QSR Brand
  • Located in a Stable, Essential-Services Trade Area
  • High-Yield Passive Investment Opportunity

OVERVIEW

Marcus & Millichap is pleased to offer a freestanding Pizza Hut located at 126 W 14th Street in Larned, Kansas, a stable, long-term net-lease investment positioned along U.S. Highway 56, the city’s primary commercial corridor and a key regional connector across central Kansas. The property delivers $68,313 in annual NOI secured by a franchisee-guaranteed NNN lease with ±13 years remaining and 1.5% annual rent increases, providing predictable, passive, inflation-protected income. Built in 2000, the ±3,436 SF building sits on a large ±0.61-acre parcel with strong visibility, convenient access, and consistent traffic generated by local residents, workforce housing, and regional pass-through commuters. The tenant is an experienced Pizza Hut franchisee with a proven operational track record, reinforcing the long-term viability of the location. Larned serves as the governmental and economic hub of Pawnee County, supported by healthcare, education, agriculture, and local industry. Major employers—including Pawnee Valley Community Hospital, Larned State Hospital, and USD 495—drive daily traffic and stable employment. Ongoing county-wide revitalization programs, infrastructure improvements, and regional agricultural investments further strengthen the long-term fundamentals of the trade area. This offering provides investors with a high-yield, NNN asset backed by a globally recognized QSR brand, strong franchisee credit, and a strategic location within a stable central Kansas market.

FOR SALE DETAILS

PRICE

$955,427 USD

PRICE/SF

$278 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut | Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C

APN/PARCEL ID

109-32-0-10-02-004.00-0

ASK ABOUT THIS PROPERTY

Jason FeferMarcus & MillichapMore Info
310-909-2394

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Jason FeferMarcus & MillichapMore Info
310-909-2394

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