Pizza Hut

  • NNN (Triple net)
Mitchell, SD
Location: South Dakota


Offering Memorandum
  • Building Size: 4,244 sq/ft
  • Cap Rate: 7.00 %
  • Status: Available
$969,000.00

Property Information

  • Type: Restaurant
  • Lot Size : 0.92
  • Year Built : 2007
  • Building Size : 4244
  • Cap Rate : 7.00
  • Status : Available

Investment Overview

Marcus and Millichap is pleased to offer for sale this Pizza Hut & WingStreet located in Mitchell, SD. This Pizza Hut is part of the newest Pizza Hut & WingStreet prototype. The lease is guaranteed by NPC International, which is the largest Pizza hut operator in the world with annual sales exceeding $1 Billion. This Pizza Hut benefits from its close proximity to Interstate 90, which runs from the East to West coast of the Continental U.S. Additionally, the property is surrounded in a dense retail corridor by many national credit tenants including – Walmart Supercenter, Tractor Supply, Sears, McDonalds, Cabela’s, Walgreens, Menard’s, and many others.

Pizza Hut & WingStreet is located in Mitchell, South Dakota. The 4,244-square foot restaurant was built in 2007 and is situated on 0.92 acres of land.

Investment Highlights

NNN Lease to Pizza Hut through 2/2023
Zero Landlord Responsibilities
Tenant Recently Exercised Five-Year Option
Newest Pizza Hut/WingStreet Prototype
Surrounded by Dense Retail
Largest Pizza Hut Franchisee in the World

Facilities

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Contact Agent

Geoff Ficke

First Vice President Investments Director, Net Leased Properties National Office and Industrial Properties

License: TX 0593051

Nicole Patel

Associate Directory / Capital Markets Specialist

Troy Fawcett

BOR

License: SD 4743