Pizza Hut for Sale in Phoenix, AZ
Phoenix, AZ
Key Investment Metrics
Price
$3,200,000
Cap Rate
4.2%
Net Operating Income
$135,520
Building Size
3752 SF
Remaining Term
5.6 years
Lease Expiration
02/23/2032
Lease Term
20.0 years
Lease Commencement
02/24/2012
Lease Type
Absolute NNN
Year Built
2003
Occupancy
100%
Tenancy
Single
Rent Increases
Yes
AI illustration · Not the listed propertyProperty overview
Pizza Hut in Phoenix
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,752 SF
- Year built
- 2003
- Lease type
- Absolute NNN
- Lease expiration
- 02/23/2032
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.