Pizza Hut Absolute NNN
For Sale
Contact for pricing
Pending
1014 N 2nd St., Cherokee, IA 51012
Brand-occupied property with an absolute net lease and no landlord responsibilities.
Property SizeContact for details
Days on Market143
Property Features for 1014 N 2nd St.
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Miami
Listed By:
Roee Ben-Moshe · License #BK3248800
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 3:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Miami
Investment Insights
Based on property information with market context.
This Pizza Hut property is offered for sale with an absolute NNN lease structure. The lease has a 15-year term and provides for zero landlord responsibilities, placing property-level obligations with the tenant under the stated arrangement. The offering reflects a 6% cap rate.
The property is located at 1014 N 2nd St. in Cherokee, Iowa. The established Pizza Hut occupancy and absolute net lease format provide a clearly defined operating structure for the asset.
The property is located at 1014 N 2nd St. in Cherokee, Iowa. The established Pizza Hut occupancy and absolute net lease format provide a clearly defined operating structure for the asset.
Key Highlights
- Pizza Hut property at 1014 N 2nd St., Cherokee, IA 51012
- Absolute NNN lease structure
- 15‑year lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 33%
Groceries 23%
Electronics 3%
Hy-Vee
Groceries
13,560 visits/mo
0.2 miles
McDonald's
Dining
12,590 visits/mo
0.4 miles
Cherokee #2
Shops & Services
10,617 visits/mo
0.1 miles
Taco John's
Dining
7,556 visits/mo
0.2 miles
Dollar General
Shops & Services
5,112 visits/mo
0.1 miles
Demographics for 51012, IA
6,592
Population
2,889
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
147.7 sq mi
ZIP Area
45
Density / Sq Mi
$56,964
Median Household Income
$33,141
Median Earnings
$725
Median Rent
$127,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Brand-occupied property with an absolute net lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 1014 N 2nd St. Cherokee, IA.
What are key features of this property?
This property features: Pizza Hut property at 1014 N 2nd St., Cherokee, IA 51012; Absolute NNN lease structure; 15‑year lease term
