831 S Detroit St Yuma, CO 80759
NNN Pizza Hut with long-term lease and annual increases.
Property size:
3,228 SFLot size:
1.03 AcresProperty Features for 831 S Detroit St
General Information
- Size
- 3,228 SF
- Lot size
- 1.03 Acres
Source:
Moodyscre
Listing Agent: Blake Wagenseller
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Pizza Hut NNN Investment Opportunity
This property is an absolute NNN lease opportunity, offering 100% passive income with zero landlord responsibilities or expenses. The tenant, Grand Mere Restaurant Group, is a strong franchisee with over 145 units and annual revenues exceeding $133 million. The lease term extends for over 13 years, providing a long-term income stream. The lease includes fixed annual increases of 1% starting in year 11. The property is occupied by Pizza Hut, a global brand with approximately 18,000 locations in over 100 countries. The tenant is scheduled to remodel the property by December 31, 2026, subject to franchisor approval. The property contains 3,228 square feet of space.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Pizza Hut
Pizza Delivery
Location Insight
- Map
- Local Demand
- City
- Yuma
- County
- Yuma
- State
- Colorado
- Longitude
- -102.718616
- Latitude
- 40.133425
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FAQs
What type of property is this?
NNN property - NNN Pizza Hut with long-term lease and annual increases.
Where is this nnn property located?
The property is located at 831 S Detroit St Yuma, CO.
What is the asking price?
The asking price for this property is $1,176,763.
What are key features of this property?
This property features: - Absolute NNN Lease: Enjoy 100% passive income with zero landlord responsibilities.; - Long Term Lease: Over 13 years of passive income remaining.; - Strong Franchisee: Leased to Grand Mere Restaurant Group, a large franchisee with 145+ units and $133M+ annual revenue.