Pizza Hut | 250 Nc Highway 9
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Pizza Hut 250 Nc Highway 9
3,145 SF Retail Building Black Mountain, NC 28711 $900,062 CAD ($286 CAD/SF) 6% Cap Rate
Investment Highlights
- New 17-Year Lease | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
- Along State Hwy 9 (13,000 VPD) | Interstate 40 (50,600 VPD) | Strong National/Credit Tenant Presence
- Absolute NNN Sale-Leaseback | Zero Landlord Responsibilities | Fee-Simple Ownership
- Demographics 5-Mile Trade Area | Direct Consumer Base
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,145 SF
Building Class
B
Year Built
1990
Price
$900,062 CAD
Price Per SF
$286 CAD
Cap Rate
6%
NOI
$54,004 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.84 AC
Zoning
HB - 8 - General Commercial
Parking
35 Spaces (11.13 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0619-34-5780-00000 | Improvements Assessment | $293,636 CAD |
Land Assessment | $834,682 CAD | Total Assessment | $1,128,318 CAD |
PROPERTY TAXES
Parcel Number
0619-34-5780-00000
Land Assessment
$834,682 CAD
Improvements Assessment
$293,636 CAD
Total Assessment
$1,128,318 CAD
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Pizza Hut | 250 Nc Highway 9
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