Listed by Sands Investment Group Austin, Sands Investment Group, Sands Investment Group Philadelphia
$1,086,853
Pizza Hut - Fairview, OK (7.15% CAP)
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,654
Cap Rate 7.15%
NOI $77,710
Occupancy 100%
Tenancy Single
Brand/Tenant Pizza Hut
Lease Type NNN
Lease Term 14
Lease Expiration 01/31/2039
Remaining Term 12.7
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $410
Year Built 1980
Buildings 1
Acreage 0.580
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 02/01/2025
Pizza Hut - Oklahoma | 13-Year NNN | Strong Operator (129+ Units)
Marketing description
Sands Investment Group is pleased to exclusively offer for sale a 2,654 SF Pizza Hut located at 1202 N Main Street in Fairview, OK. The property is secured by a Triple Net (NNN) Lease with ~13 years of remaining term, offering zero landlord responsibilities and stable, passive income. The lease features 1.5% annual rent increases, providing a built-in hedge against inflation and consistent rental growth. This structure presents investors with a stable, long-term net lease opportunity backed by a nationally recognized brand.
Investment highlights
- ~13 years remaining on a Triple Net (NNN) Lease with zero landlord responsibilities.
- 1.5% annual rent increases, providing a healthy hedge against inflation and steady rent growth.
- Backed by Yum! Brands, Pizza Hut demonstrates stable revenue streams from its franchise model, with consistent systemwide sales in excess of $12 billion annually.
- With more than 19,000 locations in over 100 countries, Pizza Hut maintains a dominant presence in the QSR sector.
- Grand Mere Restaurant Group (GMRG) is a leading multi-unit restaurant operator with a growing portfolio of branded quick-service and fast-casual restaurant concepts across the United States. GMRG has over 129 locations across 9 states.
- Strategically located on N Main St, the main thoroughfare through Fairview. N Main St sees over 5,300 VPD.
- With limited fast-food competition nearby and surrounded by multiple hotels and lodging options, this store benefits from out-of-town visitors. This location ranks in the top 79th percentile in the state of Oklahoma (Placer.ai).
- Nearby national retailers include Sonic Drive-In, Subway, O’Reilly Auto Parts, Family Dollar, Dollar General, and more.
Listing Contacts
Listed by Sands Investment Group Austin, Sands Investment Group, Sands Investment Group Philadelphia
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,710.00
$6,475.83/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
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