$1,252,174 USD
858-222-3333
250 S Akers St
Visalia, CA 93291
Western Visalia
HIGHLIGHTS
- Absolute NNN Lease: A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
- Opportunity to acquire a fully built restaurant property at a price below current construction costs.
- The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
- At W Mineral King Ave off-ramp (Exit 104), with direct freeway access and visibility on S Akers St, a key corridor in Visalia's core trade area.
- Surrounded by regional retailers and grocery stores, the property enjoys steady daytime traffic and customer flow from the area's main commercial hub.
FOR SALE DETAILS
PRICE
$1,252,174 USD
PRICE/SF
$281 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pizza Hut NNN Leased Restaurant Investment
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.79 AC
LAND SF
34,523 SF
ZONING
Mixed Use Commercial (MCU
APN/PARCEL ID
085-190-007-000
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858-222-3333
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858-222-3333
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