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Pizza Hut | 1640 West Main Street

1640 W Main St, Lewistown, MT 59457
Available Now
$1,233,000
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FOR SALERetail / Fast Food
Cap Rate
7.75%
NOI
$95,574
Building Size
3,256SF
Lot Size
0.65AC
Year Built
2005
Tenancy
Single Tenant
Listing Contacts
Managing Director - Investment Sales

More property details

APN
08-2467-16-4-02-02-0000
Currently Leased
No
Investment
Net Lease
Ground Lease
No
No of Buildings
1
No of Stories
1
Ownership
Fee Simple

Location

Pizza Hut | 1640 West Main Street
About the location

Current Real Estate Advisors presents an opportunity to acquire a high-quality, single-tenant retail property leased to Pizza Hut in Lewistown, Montana. The ±3,256 SF freestanding building occupies a spacious 0.65-acre parcel and is secured by an Absolute NNN lease, providing investors with a fully passive investment and no landlord responsibilities. At closing, a new 20-year lease will commence with the existing operator, featuring 2% annual rent increases beginning in Year 7 and four 5-year renewal options, demonstrating the tenant’s long-term commitment to the location. Positioned at a signalized hard corner, the Property offers excellent visibility, strong traffic exposure, and convenient access through multiple ingress and egress points. The asset is situated within an established neighborhood surrounded by national and destination retailers and benefits from proximity to a growing residential community. Pizza Hut, a globally recognized brand with more than 20,000 locations worldwide, is operated at this site by Grand Mere Restaurant Group, an experienced franchisee with more than 150 Pizza Hut locations across several states. With a long-term lease, scheduled rent increases, strong tenant backing, and favorable real estate fundamentals, the Property offers investors a stable, management-free income stream and attractive long-term appreciation potential.

Pizza Hut | 1640 West Main Street
3,256 SF · retail · Lewistown · MT