Pizza Hut for Sale in Scottsburg, IN
Scottsburg, IN
Key Investment Metrics
Price
$1,697,143
Cap Rate
7.0%
Net Operating Income
$118,800
Building Size
2640 SF
Land Area
0.63 Acres
Remaining Term
9 years
Lease Expiration
08/04/2035
Lease Term
15 years
Lease Commencement
08/04/2020
Lease Type
Absolute NNN
Year Built
1997
Occupancy
100%
Tenancy
Single
Rent Increases
8% Every 5 Years
AI illustration · Not the listed propertyProperty overview
Pizza Hut in Scottsburg
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,640 SF
- Land area
- 0.63 acres
- Year built
- 1997
- Lease type
- Absolute NNN
- Lease expiration
- 08/04/2035
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.