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29973270
29973269

2109 Quintard Ave, Anniston, AL 36201 For Sale

KO
GA GA 358763
O'leary Partners Inc
CA
GA 384484
O'leary Partners Inc
Listed by O'leary Partners Inc
$576,000
143 days on market
Updated 37 days ago

Pizza Hut

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,160
Cap Rate 6.25%
NOI $36,000
Tenancy Single
Lease Type Absolute NNN
Lease Term 9.9
Lease Expiration 09/06/2031
Remaining Term 5.1
Rent Bumps Yes
Pro-Forma Cap Rate 6.72%
Pro-Forma NOI $38,700
Price per SqFt $497
Year Built 2021
Acreage 0.220
Zoning SC
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 09/29/2021

Largest Franchisee Operator | 28,600+ VPD | 6.72% Pro Forma

Investment highlights

• 10 Year NNN Lease with 5+ Years Remaining

• The Operating Company, Flynn Restaurant Group, is the largest franchise operator in the world with over 2,900 Restaurants globally

• Upcoming 7.5% September Rent Increase takes the Cap Rate to 6.72%

• 60+ Unit Guaranty – Operated by the largest Franchisee in the system.

• 7.5% Increases Every Five Years provides a hedge against inflation

• Excellent access and visibility to 28,690+ Vehicles per day on Quintard Avenue

• Population of 42,304 within a five-mile radius, creating a reliable customer base for this retail corridor

• Globally recognized restaurant brand Pizza Hut, Part of the Yum! Brands Family, operates close to 20,000 Locations Globally

• Close proximity to other National Retailers such as T-Mobile, Verizon, Popeyes, KFC, McDonald’s, Arby’s, Burger King, Jack’s, Waffle House, and more

Listing Contacts

KO
GA GA 358763
O'leary Partners Inc
CA
GA 384484
O'leary Partners Inc
Listed by O'leary Partners Inc

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$36,000.00
$3,000.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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