Pizza Hut - Clintwood VA
New 17 Yr Lease | 1.50% Annual Increases
Marketing description
Introducing an exceptional investment opportunity at 5180 Dickenson Highway in Clintwood, Virginia - a prime Absolute NNN property. With a long-term lease of 17 years remaining, this single-tenant property boasts annual rental increases and is backed by a solid guarantee from Tasty Hut, LLC, a reputable operator with 200+ units. The property features a rentable area of 2,912 SF on a spacious 0.73 AC land, constructed in 1978. With a net operating income of $75,000 and a cap rate of 7.50%, this offering presents a lucrative investment opportunity with a triple net lease structure - meaning zero landlord responsibilities. Don't miss out on this turnkey investment with a strong tenant commitment, consistent rental growth, and prime location drawing in 7,600 vehicles per day. Reach out now to capitalize on this lucrative deal at 5180 Dickenson Highway!
Investment highlights
New 17-Year Lease | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Located Along Dickenson Hwy | Dickenson Community Hospital | Strong National/Credit Tenant Presence | Nearby School
Strong Demographics in 5-mile Trade Area
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