14455 U.S. Route 25 E - Fast Food FOR SALE


Pineville, KY 40977
$451,000 USD
470-344-2586
14455 U.S. Route 25 E, Pineville, KY for Sale
$451,000 USD
Fast Food - FOR SALE
1/6
null | 6.75% Cap Rate

14455 U.S. Route 25 E
Pineville, KY 40977


HIGHLIGHTS

  • 16+ Years Remaining | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong National/Credit Tenant Presence | Close Proximity to Pineville Community Health Center (120 beds)
  • Along U.S. Route 25 (16,900 VPD) | Excellent Visibility
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• The tenant, Tasty Hut, LLC, has 16+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site • Tasty Restaurant Group, LLC is an experienced QSR franchisee with over 450 restaurants strong across 23 states operating under six iconic brands: Pizza Hut, Burger King, Dunkin’, Baskin-Robbins, Kentucky Fried Chicken and Taco Bell brands • The lease features annual rental increases of 1.50% throughout initial term and option periods, generating NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$451,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut - Pineville KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

General Commercial

APN/PARCEL ID

062-40-00-008.00

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 Notice.