3 Old Farm Rd - Restaurant FOR SALE


Danville, IN 46122
$1,159,891 USD
332-345-4222
3 Old Farm Rd, Danville, IN for Sale
$1,159,891 USD
Restaurant - FOR SALE
1/2
null | 6.75% Cap Rate

3 Old Farm Rd
Danville, IN 46122


HIGHLIGHTS

  • Brand-New Long-Term Lease
  • Strong Franchisee Guarantee
  • Dense Retail Corridor
  • Strong Traffic Counts & Visibility

OVERVIEW

Surmount is pleased to present the exclusive listing for a Pizza Hut located at 3 Old Farm Rd, Danville, IN 46122. The site consists of roughly 2,501 rentable square feet of building space on an estimated 0.73-acre parcel of land. This Pizza Hut is subject to a 15-year Triple Net (NNN) lease, which commenced 6/1/2025. The current annual rent is $78,293 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$1,159,891 USD

PRICE/SF

$479 USD /SF

CAP RATE

6.75%

% 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

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,798 SF

ZONING

-

APN/PARCEL ID

32-11-02-386-003.000-003

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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