1823 W Hill Ave - Restaurant FOR SALE
Valdosta, GA 31601 |
$1,228,500 USD
813-488-0853
1823 W Hill Ave
Valdosta, GA 31601
HIGHLIGHTS
- Long Term Lease – Pizza Hut just signed a 10-year lease renewal, demonstrating their commitment to the site.
- Absolute NNN – This lease offers zero responsibility for the landlord, making this an ideal hands-off investment opportunity.
- Upcoming Renovations – Tenant is will be renovating the site, signaling a long-term commitment to the location.
- Scheduled Rent Increases – The lease includes a 10% increase after year 5, with additional 5% increases at each renewal option, providing built-in inc
- Long Term Operations – This Pizza Hut has been operating at this location since 1999, demonstrating strong historical performance and long-standing cu
- Strong Franchisee – This lease was recently assumed by Flynn Restaurant Group (American Hut), the largest franchisee operator in the United States.
FOR SALE DETAILS
PRICE
$1,228,500 USD
PRICE/SF
$424 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PIZZA HUT
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
47
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0088B-022
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813-488-0853
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813-488-0853
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