1100 W Roosevelt Hwy - Freestanding FOR SALE


Shelby, MT 59474
$913,000 USD
470-344-2586
1100 W Roosevelt Hwy, Shelby, MT for Sale
$913,000 USD
Freestanding - FOR SALE
1/7
null | 6% Cap Rate

1100 W Roosevelt Hwy
Shelby, MT 59474


HIGHLIGHTS

  • 14+ Years Remaining | Options To Extend | Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Roosevelt Hwy (3,900 VPD) | Retail Corridor |Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Pizza Hut investment property located in Shelby, Montana. The tenant, GMRG ACQ 1, LLC, has 14+ years remaining on its lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.50% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$913,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

Commercial

APN/PARCEL ID

21-4424-21-4-15-01-0000

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 Policy.