Pizza Hut | 3966 Hickory Blvd
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Pizza Hut 3966 Hickory Blvd
3,067 SF Retail Building Granite Falls, NC 28630 $550,000 ($179/SF) 6% Cap Rate
Investment Highlights
- New 17-Year Lease | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
- Signalized, Hard Corner Intersection | Strong National/Credit Tenant Presence | South Caldwell High School (1,317 students)
- Absolute NNN | Zero Landlord Responsibilities | Fee-Simple Ownership
- Demographics 5-Mile Trade Area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,067 SF
Building Class
B
Year Built
1993
Price
$550,000
Price Per SF
$179
Cap Rate
6%
NOI
$33,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.85 AC
Zoning
H-B - Highway Business
Parking
39 Spaces (12.72 Spaces per 1,000 SF Leased)
Frontage
195 FT on Hickory Boulevard
Amenities
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 08-46-1-28 | Improvements Assessment | $186,900 |
Land Assessment | $478,000 | Total Assessment | $664,900 |
PROPERTY TAXES
Parcel Number
08-46-1-28
Land Assessment
$478,000
Improvements Assessment
$186,900
Total Assessment
$664,900
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Pizza Hut | 3966 Hickory Blvd
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