832 Chester St Gastonia, NC 28052

This exceptional investment opportunity presents a fee-simple ownership of a Pizza Hut restaurant located at 832 S Chester St, Gastonia, NC 28052. The property boasts a strong location directly off Highway 321 within the Charlotte MSA, benefiting from high visibility and traffic counts. Built in 2001, this single-story, 2,357 square foot building sits on a 0.82-acre lot and is situated near a signalized hard corner intersection. The property is currently under a single-tenant, absolute NNN lease with a national franchisee (Pizza Hut), offering significant stability and minimal landlord responsibilities. The lease features 9.4 years remaining and includes annual rent bumps of 1.25%, ensuring consistent income growth. The asking price is $1,854,000, representing a price per square foot of $786.59 and a compelling 6.25% cap rate based on a current Net Operating Income (NOI) of $115,899. This investment offers a rare opportunity to acquire a well-performing, nationally branded retail property in a prime location with significant long-term growth potential. The property's strong location within a corridor featuring big-box national credit tenants further enhances its investment appeal. This is a turnkey investment ideal for passive income seekers.