460 Highway 56 - Fast Food FOR SALE


Elkhart, KS 67950
$972,367 USD
512-768-0380
460 Highway 56, Elkhart, KS for Sale
$972,367 USD
Fast Food - FOR SALE
1/5
null | 7% Cap Rate

460 Highway 56
Elkhart, KS 67950


HIGHLIGHTS

  • 12+ years remaining on a Triple Net (NNN) Lease with zero landlord responsibilities.
  • 1.5% annual rent increases, providing a healthy hedge against inflation and steady rent growth.
  • Backed by Yum! Brands, Pizza Hut demonstrates stable revenue streams from its franchise model, with consistent systemwide sales in excess .
  • With more than 19,000 locations in over 100 countries, Pizza Hut maintains a dominant presence in the QSR sector.
  • Grand Mere Restaurant Group (GMRG) is a leading multi-unit restaurant operator with a growing portfolio of branded quick-service and fast-casual.
  • Strategically located on Highway 56, the main thoroughfare through Elkhart.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 2,416 SF Pizza Hut located at 460 Highway 56 in Elkhart, KS. This asset is secured by 12+ years remaining on a Triple Net (NNN) Lease, offering zero landlord responsibilities and stable, passive income. The lease also features 1.5% annual rent increases, providing a built-in hedge against inflation and consistent rental growth. With a long-term lease in place and a nationally recognized tenant, this property presents investors with a stable and attractive net lease investment opportunity. In Cooperation With Sands Investment Group Kansas, LLC - Lic. #CO00002897 BoR: Max Freedman - Lic. KS #241927

FOR SALE DETAILS

PRICE

$972,367 USD

PRICE/SF

$402 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut - Elkhart, KS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C

APN/PARCEL ID

245-16-0-30-09-001.00-0

ASK ABOUT THIS PROPERTY

Jordan MulloySands Investment Group Austin, LLCMore Info
512-768-0380

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Jordan MulloySands Investment Group Austin, LLCMore Info
512-768-0380

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