Pizza Hut - Radcliff, KY
Part of Portfolio | Sub $1M QSRs | Short-Term Leases
Investment highlights
Prime Retail Location – Strategically positioned within Radcliff’s most active retail corridor, adjacent to high-traffic national retailers including Aldi and Walmart.
Below-Market Rent – Current lease rate is below recently executed comparable leases in the surrounding trade area, offering potential for rental growth.
Attractive Rent Per Square Foot – Lease rate is competitively low at $9.28 per square foot.
Value-Add Opportunity Via Lease Structure – Several leases across the portfolio feature kick-out options within two years, enabling early repositioning to market rents.
Built-In Rent Growth – All leases include fixed 1.50% annual rental escalations, providing consistent income growth.
Strong Rent-to-Sales Performance – Subject property exhibits a healthy 4.67% rent-to-sales ratio, indicative of tenant sustainability.
Favorable Land Basis – Asset is underpinned by a cost-effective land basis relative to underlying real estate value.
Efficient Building Size – The store comprises approximately 3,526 square feet, supporting operational efficiency and tenant versatility.
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