Pizza Hut Absolute NNN
For Sale
Contact for pricing
1048 Riverdale St, West Springfield, MA 01089
Single-tenant restaurant asset with an absolute triple-net lease and scheduled 10% increases.
Property SizeContact for details
Days on Market143
Property Features for 1048 Riverdale St
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
87,449 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Bellagio Real Estate Partners
(480) 205-7637
Listed By:
Brad Teitelbaum · License #IL 475128698
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 1:51AM
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 Bellagio Real Estate Partners
Investment Insights
Based on property information with market context.
This single-tenant Pizza Hut property at 1048 Riverdale Street in West Springfield, Massachusetts, is subject to an absolute NNN lease designed to place landlord responsibilities with the tenant. The agreement includes a 20-year initial term, four 5-year renewal options, and 10% increases during both the primary term and option periods. Tasty Hut, LLC operates the restaurant under the Tasty Restaurant Group platform, which has more than 400 locations.
The property sits along Riverdale Street near Highway 91, with reported traffic of 87,449 VPD. The surrounding retail environment includes Dick’s Sporting Goods, Starbucks, Kohl’s, Michaels, ALDI, Costco, and The Home Depot. More than 84,000 employees are located within 3 miles, supporting substantial daytime activity around the site.
The property sits along Riverdale Street near Highway 91, with reported traffic of 87,449 VPD. The surrounding retail environment includes Dick’s Sporting Goods, Starbucks, Kohl’s, Michaels, ALDI, Costco, and The Home Depot. More than 84,000 employees are located within 3 miles, supporting substantial daytime activity around the site.
Key Highlights
- Absolute NNN lease structure with zero landlord responsibility
- 20‑year initial lease term with four 5‑year option periods
- 10% increases apply during the primary term and option periods
Property Analytics
Property Profile
Current Use
Lease Details
87,449 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
956k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 23%
Shops & Services 19%
Superstores 15%
Apparel 14%
Costco Wholesale
Superstores
142,852 visits/mo
0.4 miles
Cinemark Theaters
Leisure
97,326 visits/mo
0.3 miles
Kohl's
Apparel
65,151 visits/mo
0.3 miles
Stop & Shop
Groceries
54,031 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
53,745 visits/mo
0.3 miles
Demographics for 01089, MA
28,835
Population
13,095
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
91%
High-School Grad
16.7 sq mi
ZIP Area
1,727
Density / Sq Mi
$70,401
Median Household Income
$43,186
Median Earnings
$1,121
Median Rent
$307,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant restaurant asset with an absolute triple-net lease and scheduled 10% increases.
Where is this nnn property located?
The property is located at 1048 Riverdale St West Springfield, MA.
What are key features of this property?
This property features: Absolute NNN lease structure with zero landlord responsibility; 20‑year initial lease term with four 5‑year option periods; 10% increases apply during the primary term and option periods
