For Sale
$982,883

4900 2Nd AveGreat Falls, MT 59405

High-return Pizza Hut NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 4900 2nd Ave N in Great Falls, Montana, zip code 59405. The property boasts a strong location directly off 2nd Avenue North with Highway 89 access, benefitting from high visibility and convenient access for customers. The 2,684 square foot building sits on a 0.42-acre lot and was originally constructed in 1972, undergoing renovations in 1995. Currently operating at 100% occupancy, the Pizza Hut lease features a remaining term of 15 years with annual rent increases of 1.50%. The asking price is $982,883, representing a price per square foot of $366.20 and a compelling 6.75% cap rate. The property generates a Net Operating Income (NOI) of $66,345. This investment is further enhanced by its proximity to a Walmart Supercenter and a thriving retail area, ensuring consistent customer traffic and strong long-term potential. The property's classification as a QSR/Fast Food restaurant and its national credit tenant provide significant stability and attractive investment characteristics. This is a rare opportunity to acquire a well-established, high-performing retail property in a desirable location.

Highlights

  • High-traffic corridor with national credit tenants.
  • Excellent visibility and access from 2nd Avenue North and Highway 89.
  • Proximity to a Walmart Supercenter.
  • Located north of a thriving retail area.

Property Details for 4900 2Nd Ave

Property type
Retail properties, Restaurants
Square Feet
2,684 SF
Year Built/Renovated
1972/1995
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.5068652
Longitude
-111.2246174
4900 2Nd Ave, Great Falls, Montana

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4900 2Nd Ave
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