For Sale
$1,388,605

996 200Roosevelt, UT 84066

High-Yield Pizza Hut Investment, Utah

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located in Roosevelt, Utah. The property boasts a prime location directly off U.S. Highway 191 at a hard corner intersection, ensuring excellent visibility and accessibility for customers. Built in 1983, this 0.79-acre property features a single-story building with a 100% occupancy rate. The current lease with Pizza Hut has a remaining term of 14.7 years, providing long-term stability and predictable cash flow. The lease includes annual rent bumps of 1.50%, offering protection against inflation. The property generates a substantial net operating income (NOI) of $97,200, resulting in an attractive 7.00% cap rate. This makes it an ideal addition to any diversified real estate portfolio seeking strong returns and minimal management responsibilities. The property's strategic location within a thriving retail corridor and its association with a nationally recognized brand like Pizza Hut contribute to its exceptional investment potential. The asking price for this lucrative opportunity is $1,388,605. This is a rare chance to acquire a well-established, high-performing commercial property in a desirable location. The property's strong fundamentals and long-term lease make it a compelling investment for discerning buyers.

Highlights

  • Single-tenant, absolute NNN leased Pizza Hut in Roosevelt, Utah.
  • Prime location on a hard corner at US Highway 191, offering excellent visibility and accessibility.
  • 0.79-acre site with a 1,388,605 asking price and a 7.00% cap rate.

Property Details for 996 200

Property type
Retail properties, Restaurants
Year Built
1983
Buildings
1
Stories
1
Lot Size (sq. ft)
34,412 SF

Location Insight

City
Roosevelt
County
Duchesne
State
Utah
Latitude
40.3019305
Longitude
-109.9772931
996 200, Roosevelt, Utah

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996 200
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