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Pizza Hut 250 Nc Highway 9

3,145 SF Retail Building Black Mountain, NC 28711 $625,000 ($199/SF) 6% Cap Rate

Investment Highlights

  • New 17-Year Lease | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
  • Along State Hwy 9 (13,000 VPD) | Interstate 40 (50,600 VPD) | Strong National/Credit Tenant Presence
  • Absolute NNN Sale-Leaseback | Zero Landlord Responsibilities | Fee-Simple Ownership
  • Demographics 5-Mile Trade Area | Direct Consumer Base

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,145 SF
Building Class
B
Year Built
1990
Price
$625,000
Price Per SF
$199
Cap Rate
6%
NOI
$37,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.84 AC
Zoning
HB - 8 - General Commercial
Parking
35 Spaces (11.13 Spaces per 1,000 SF Leased)
Frontage
416 FT on NC Highway 9

Amenities

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage

Nearby Major Retailers

First Bank NC
Starbucks
Ingles
Fifth Third Bank
First Citizens Bank
Ymca

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0619-34-5780-00000
Land Assessment
$579,600
Improvements Assessment
$203,900
Total Assessment
$783,500
  • Listing ID: 34425510

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 250 Nc Highway 9, Black Mountain, NC 28711

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