50417 Us-93Polson, MT 59860
- Retail properties
- 3,568 SF
Property Details for 50417 Us-93
- Lot size
- 0.67 AC
- Property size (Sq ft)
- 3,568 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut property located at 50417 US-93 in Polson, Montana, zip code 59860. The property boasts a 3,568 square foot building situated on a 0.67-acre lot. The Pizza Hut lease features a remaining term of 14.7 years with annual rent increases of 1.50%, ensuring consistent income growth. The property enjoys a 100% occupancy rate, generating a substantial Net Operating Income (NOI) of $102,972, resulting in a compelling 7.00% cap rate. The asking price is $1,471,000, translating to a price per square foot of $412.28. This strategically located property benefits from its position directly off US-93 and Highway 35, a heavily travelled retail thoroughfare. The strong retail corridor features a significant presence of national credit tenants, including an adjacent Super 1 Foods, further enhancing the property's value and appeal. The property consists of one single-story building and is classified as a QSR/Fast Food and Restaurant property. This is a rare opportunity to acquire a stable, high-performing investment in a desirable Montana location.
Location Insight
- City
- Polson
- County
- Lake
- State
- Montana
- Latitude
- 47.6924
- Longitude
- -114.143
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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