Pizza Hut NNN Property For Sale — Yuma, CO
831 S. Detroit, Yuma, CO 80759
This Pizza Hut property offers an excellent investment opportunity with a long-term, absolute triple-net (NNN) sale-leaseback. The lease, commencing at the close of escrow, is for 20 years and requires the tenant to be responsible for all real estate taxes, insurance, and property maintenance, ensuring zero landlord responsibilities. The lease is backed by GMRG ACQ 1, LLC, a substantial franchisee operating over 148 Pizza Hut units with annual revenues exceeding $123 million. Investors will benefit from consistent rental growth through 1.25% annual increases, providing a strong hedge against inflation. Pizza Hut is a globally recognized brand and the largest pizza company in the world, with a strong presence in over 100 countries. This specific location boasts a long history of strong per…
- Address: 831 S. Detroit, Yuma, CO 80759
- Asking price $1.43M
- 6.00% cap rate
- NOI $85,855
- 17.2 years remaining
- NNN lease
- Year built: 1988
- Building size: 3,765 SF
- Lot size: 1.00 acres
- Lease expiration: Nov 20, 2043
- Rent increases: $85,855.00 in Year 1; $86,928.19 in Year 2; $88,014.79 in Year 3; $89,114.97 in Year 4; …
- Guarantor: Corporate
Location
This Pizza Hut property is at 831 S. Detroit in Yuma, Colorado.
Asset type: Retail