Pizza Hut NNN Property For Sale — Louisville, KY
5368 Dixie Highway, Louisville, KY
An excellent opportunity to acquire a seasoned Pizza Hut location in a high-demand commercial corridor. This property benefits from a new 15-year absolute NNN lease with a leading franchisee, offering scheduled rent increases throughout the base and option terms. This investment provides long-term, stable yield backed by a strong underlying real estate asset.
- Address: 5368 Dixie Highway, Louisville, KY
- Asking price $1.81M
- 6.50% cap rate
- NOI $117,975
- 15 years remaining
- NNN lease
- Building size: 3,360 SF
- Rent increases: 5% every 5 years
- Guarantor: Corporate
Location
This Pizza Hut property is at 5368 Dixie Highway in Louisville, Kentucky.
Asset type: Retail