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Pizza Hut - Elkhart, KS (7.15% CAP)
460 US-56, Elkhart, KS 67950
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FOR SALERetail / Restaurant + Fast Food
Cap Rate
7.1%
NOI
$68,066
Lot Size
0.97Ac
Year Built
1975
Year Renovated
2025
Occupancy
100%
Listing Contacts
More property details
Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
No of Buildings
1
Location
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Pizza Hut - Elkhart, KS (7.15% CAP)
About the location
Sands Investment Group is pleased to exclusively offer for sale the 2,416 SF Pizza Hut located at 460 Highway 56 in Elkhart, KS. This asset is secured by 12+ years remaining on a Triple Net (NNN) Lease, offering zero landlord responsibilities and stable, passive income. The lease also features 1.5% annual rent increases, providing a built-in hedge against inflation and consistent rental growth. With a long-term lease in place and a nationally recognized tenant, this property presents investors with a stable and attractive net lease investment opportunity.
Location highlights
- 12+ years remaining on a Triple Net (NNN) lease with zero landlord
- responsibilities
- 1.5% annual rent increases, providing a healthy hedge against inflation
- and steady rent growth
- Backed by Yum! Brands, Pizza Hut demonstrates stable revenue streams
- from its franchise model, with consistent systemwide sales in excess of
- $12 billion annually
- With more than 19,000 locations in over 100 countries, Pizza Hut
- maintains a dominant presence in the QSR sector