55 Main StKalispell, MT 59901

Property Details for 55 Main St

Year built

1991

Construction

WOOD

Lot size

0.98 AC

Property size (Sq ft)

4,684 SF

Zone code

6

Property type

Drive through restaurants

APN

07-3966-07-4-19-13-0000

APU

7396607419130000

Description

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 55 N Main St, Kalispell, MT 59901, in Flathead County. The property boasts a substantial 4,598 square feet on a 0.98-acre lot and was built in 2000. Currently operating at 100% occupancy, the property offers a strong, stable income stream with a 7.00% cap rate and a Net Operating Income (NOI) of $140,601. The asking price is $2,009,000, translating to a price per square foot of $436.93. The lease features a remaining term of 15 years with attractive 1.50% annual rent increases, providing predictable and growing returns for the investor. This is a rare opportunity to acquire a well-established, nationally branded QSR/Fast Food restaurant in a prime Kalispell location. The property consists of a single, one-story building. The absolute NNN lease structure minimizes landlord responsibilities, making this an ideal low-maintenance investment. This property is a compelling investment for those seeking a secure, high-yield, and low-management commercial real estate asset.

• CAP approach

  CAP return

  Valuation

  6%

  $1,298,437

  6.5%

  $1,198,557

  7%

  $1,112,946

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,516,662

  Geo Method

  $2,516,662

• Alternative Use

  Use

  Valuation

  Residential

  $1,011,028

  Hospitality

  $926,096

  Educational

  $770,501

  Medical

  $797,000

  Retail

  $1,198,557

Location Insight

City

Kalispell

County

Flathead

State

Montana

Latitude

48.2003

Longitude

-114.314

CBSA code

28060

CBSA name

KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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