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Triple Net Leased Pizza Hut in Memphis, TN - 10.25% Cap Rate



$1,678,800

FOR SALE

4030 Singleton Pkwy.

Memphis, TN

  • Absolute Net Lease - No Management Responsibilities.
  • 3.5 Years Remaining - Equipped with Increases & Options.
  • Current NOI is $172,081.
  • Guaranteed by NPC International - Worlds Largest Pizza Hut Franchisee.
  • NPC Currently Operates 1,400 Restaurants in 28 States 3.5 Years Remaining - Equipped with Increases & Options.
  • Located on Heavily Traveled Singleton Pkwy. Traffic Exceeds 22,000 VPD.
  • Surrounded by National Retail Tenants Including Walgreens, Walmart, Kroger, Goodwill, Wendy’s, Burger King and Many More.
  • In Close Proximity of Methodist North Hospital - 233 Bed Center.
  • Building sits on roughly an acre lot.
  • Tennessee is a Tax Free State.

Documents

 
No Documents for this Property


  • Sale Comps $0K - $0K
  • Property Type Commercial
  • Location Memphis, TN
  • Size 3509 sq. ft.
  • Bedrooms 0
  • Bathrooms 0
  • TAV 611.7K
  • Annual Taxes $0
  • Year Built 2000

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