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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23380288
23380287

609 W Main St, Cut Bank, MT 59427

CU
NY 10401294011
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
BM
NY 10401389060
SURMOUNT
Listed by SURMOUNT
$1,273,600
387 days on market
Updated 65 days ago

Pizza Hut

Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,334
Units 1
Cap Rate 7.75%
NOI $98,704
Occupancy 100%
Tenancy Single
Brand/Tenant Pizza Hut
Lease Type NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 4, 5-Year Options
Year Built 1984
Year Renovated 1990
Buildings 1
Stories 1
Acreage 0.680
Investment Type Net Lease
Tenant Credit Franchisee
Ownership Fee Simple

Retail | 7.75% CAP | 3,334 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Pizza Hut located at 609 W Main Street, Cut Bank, MT, 59427. The site consists of roughly 3,334 rentable square feet of building space on an estimated 0.68-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease, which commences at COE. The current annual rent is $98,704 and has scheduled increases of 2.00% annually starting year 7.

Investment highlights

  • Twenty Year Absolute Triple Net (NNN) Lease | This property is subject to a long-term, twenty-year absolute triple net lease with zero landlord responsibilities. Providing the landlord with a truly passive income stream.

  • Brand New 2025 Lease Extension | Tenant extended their lease 14 years prior to lease expiration, showing commitment to this location.

  • Experienced Multi-State Operator | Grand Mere Restaurant Group operates 145+ Pizza Hut locations across nine different states.

  • High Performing Site | This site has excellent unit-level economics—contact the listing agents for additional information.

  • Long Term Lease Renewal Options | This lease has four (4), five (5) year renewal options which, if fully extended would bring the total term of the newly extended lease to 40 years.

  • Logan Health - Cut Bank | Logan Health is a 20-bed critical access hospital located in the center of Cutbank, MT.

Listing Contacts

CU
NY 10401294011
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
BM
NY 10401389060
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,704.00
$8,225.33/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

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Additional Information

Name
Brian Brockman
License
RRE-BRO-LIC71129
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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