401 Madison Ave
Reading, PA 19605
Pizza Hut · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,449 SF
Building Class
B
Year Built
1975
Building Height
1 Story
Building FAR
0.15
Lot Size
0.38 AC
ABOUT 401 MADISON AVE , READING, PA 19605
Colliers International is pleased to present for sale a Pizza Hut portfolio of single tenant, net leased, sale leaseback properties located in and around Philadelphia, PA. The sponsor for these assets is the Rohan Group Pizza Hut locations in Pennsylvania. The current offerings can be bought individually or as a portfolio. The proceeds from this sale will be used to retire debt and free capital for further investment in the business. Rohan Group has operated these stores for more than 20 years and there is a long operating history at a number of these locations. INVESTMENT HIGHLIGHTS Absolute NNN Lease with no landlord responsibilities Long term operation of most sites Strong EBIDTA Dense urban market Phenomenal brand recognition
PROPERTY TAXES
| Parcel Number | 66-5308-16-74-7606 | Improvements Assessment | $135,900 |
| Land Assessment | $189,900 | Total Assessment | $325,800 |
