Pizza Hut for Sale in Independence, MO
Independence, MO
Key Investment Metrics
Price
$395,000
Cap Rate
6.6%
Net Operating Income
$25,920
Building Size
2400 SF
Land Area
0.43 Acres
Remaining Term
4 years
Lease Expiration
07/31/2030
Lease Term
35.9 years
Lease Commencement
09/23/1994
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1980
Occupancy
100%
Tenancy
Single
Rent Increases
10% at 1st Option / FMV at 2nd Option
AI illustration · Not the listed propertyProperty overview
Pizza Hut in Independence
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,400 SF
- Land area
- 0.43 acres
- Year built
- 1980
- Lease type
- Absolute NNN
- Lease expiration
- 07/31/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.