Pizza Hut for Sale in Janesville, WI

Janesville, WI

RetailQSR/Fast FoodRestaurantAbsolute NNNNet LeaseFee Simple

Key Investment Metrics

Price

$2,093,000

Cap Rate

6.5%

Net Operating Income

$136,012

Building Size

1800 SF

Land Area

0.65 Acres

Remaining Term

12.9 years

Lease Expiration

05/31/2039

Lease Term

15 years

Lease Commencement

06/01/2024

Lease Type

Absolute NNN

Tenant Credit

Franchisee

Year Built

2023

Occupancy

100%

Tenancy

Single

Rent Increases

10% Every Five Years

Pizza Hut representative storefront illustrationAI illustration · Not the listed property

Property overview

Pizza Hut in Janesville

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
1,800 SF
Land area
0.65 acres
Year built
2023
Lease type
Absolute NNN
Lease expiration
05/31/2039

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. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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