Listed by Cushman & Wakefield - San Francisco, California, Cushman & Wakefield San Francisco, Cushman & Wakefield - Kansas City, Missouri
$729,300
PIZZA HUT (FLYNN GROUP OPERATED)
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,921
Cap Rate 6%
NOI $43,758
Tenancy Single
Brand/Tenant Pizza Hut
Lease Type NNN
Lease Expiration 07/30/2030
Remaining Term 4
Rent Bumps Yes
Lease Options 1 x 5
Year Built 2003
Buildings 1
Stories 1
Acreage 0.580
Parking Spaces 14 spaces
Parking per 1,000 SqFt 7.29
Investment Type Net Lease
Ground Lease Yes
NNN GL w/ Drive-Thru | Easy Access to I-35 | Long Operating History
Marketing description
Cushman & Wakefield is pleased to exclusively offer for sale a ±1,921-square-foot free-standing retail building featuring an operational drive-thru, fully leased to Pizza Hut. In operation since 2003, the property includes 14 on-site parking spaces and a fully operational drive-thru. The lease is guaranteed by Hut American Group, a wholly owned subsidiary of Flynn Group, the world's largest Pizza Hut franchise operator.
Investment highlights
- ±70% rent bump in the option period which occurs in just 4 years
- ±4 years remaining on a 10-year lease that was extended in 2018 after over 15 years of successful operation as a Pizza Hut location
- Lease amendment in 2020 extended the primary term until 2030 with one 5-year option
- NNN Ground Lease with no landlord responsibilities
- Lease guarantee from Hut American Group, a wholly-owned subsidiary of Flynn Group, a successful operator who is the largest Pizza Hut franchisee in the world with over 1,200 locations
- Location has operated as a Pizza Hut since 2003
- Free-standing retail building with a wellmaintained single-lane drive-thru and ample onsite parking.
- Affluent area with average household income over $100,000 within a 1-mile radius
- Located on busy W 87th Street / Santa Fe Dr intersection (22,000 VPD) and less than 1.5 miles from downton Overland Park
- Easy access to downtown Kansas City via I-35
Listing Contacts
Listed by Cushman & Wakefield - San Francisco, California, Cushman & Wakefield San Francisco, Cushman & Wakefield - Kansas City, Missouri
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$43,758.00
$3,646.50/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
R-1 ResidentialSingle FamilySingle Family Residential
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 36 uses
View all 36 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
