For Sale
$1,214,000

609 Main StCut Bank, MT 59427

High-Yield Pizza Hut Investment, Montana

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 3,097 square foot Pizza Hut restaurant located at 609 W Main St, Cut Bank, MT 59427. The property sits on a 0.68-acre lot and benefits from a strong location directly off US Route 2 and Highway 213 North, near a signalized hard corner intersection. This absolute NNN net lease boasts a prominent position in a corridor with a significant presence of national credit tenants, including Albertsons and Big Sky Foods in nearby outparcels. Built in 1984 and renovated in 1990, the property enjoys 100% occupancy with a remaining lease term of 14.7 years. The lease includes 1.50% annual rent increases, ensuring consistent income growth. The asking price is $1,214,000, representing a price per square foot of $391.99 and a compelling 6.75% cap rate. The current Net Operating Income (NOI) stands at $81,933. This is a rare chance to acquire a stable, high-performing asset in a desirable location with a nationally recognized tenant. The property's strong location and long-term lease make it an ideal addition to any diversified investment portfolio. This offering presents a secure and profitable investment opportunity with significant upside potential.

Property Details for 609 Main St

Property type
Retail properties, Restaurants
Square Feet
3,097 SF
Year Built/Renovated
1984/1990
Lot Size (sq. ft)
29,621 SF

Location Insight

City
Cut Bank
County
Glacier
State
Montana
Latitude
48.6391284
Longitude
-112.341973
609 Main St, Cut Bank, Montana

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609 Main St
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