3250 E Main St - Fast Food FOR SALE


Richmond, IN 47374
$1,666,667 USD
918-794-9536
3250 E Main St, Richmond, IN for Sale
$1,666,667 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

3250 E Main St
Richmond, IN 47374


HIGHLIGHTS

  • Globally Recognized Restaurant Brand
  • Top Pizza Hut Franchise Operator (120+ Units)
  • ±17 Years of Term Remaining with Renewal Options
  • Absolute NNN Lease
  • 11+ Year Operating History with New 20-Year Lease
  • Top Performing Store Nationally with Substantial Year-Over-Year Growth

OVERVIEW

The Subject Property is ideally situated in a thriving retail corridor just off East Main Street, with a traffic volume of over 20,100 vehicles per day. The triple net structure of the lease allows for a completely passive investment for the owner and there are approximately 17 years of remaining base lease term. In association with: BJ Feller, IN Lic #14036515

FOR SALE DETAILS

PRICE

$1,666,667 USD

PRICE/SF

$1,506 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

GC

APN/PARCEL ID

89-16-34-430-116.000-030

ASK ABOUT THIS PROPERTY

Mark GrossmanNorthmarqMore Info
918-794-9536

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Mark GrossmanNorthmarqMore Info
918-794-9536

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