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Pizza Hut Absolute Net Restaurant
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118 E Madison St, Winterset, IA 50273

Absolute net Pizza Hut with a new lease scheduled to expire 12/31/2032.

Property SizeContact for details
Days on Market145

Property Features for 118 E Madison St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap Iowa
Listed By: Barry A'Hearn · License #IA B55614000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 7:34AM

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 Iowa

Investment Insights

Based on property information with market context.

Marcus & Millichap presents an absolute net Pizza Hut restaurant available for sale at 118 E Madison St in Winterset, Iowa. Upon close of escrow, the tenant will sign a new lease expiring 12/31/2032, with 5% increases every five years.

The property is operated by a growing franchisee that currently operates 20 locations across three states. The franchisee has been in business for over forty-five years, and has expansion plans for up to eight additional locations in 2018.

This offering may be purchased individually or as part of a package.

Key Highlights

  • Absolute net Pizza Hut at 118 E Madison St, Winterset, IA
  • New lease scheduled upon close with expiration on 12/31/2032
  • Lease includes 5% increases every 5 years

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Pharmacy Dental Office Building Supply Kitchen & Bath Showroom Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
79k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 35% Dining 27% Groceries 19% Home Improvements & Furnishings 19%
Hy-Vee Groceries
15,066 visits/mo 0.4 miles
Casey's Shops & Services
12,760 visits/mo 0.3 miles
McDonald's Dining
11,052 visits/mo 0.2 miles
Bomgaars Home Improvements & Furnishings
10,588 visits/mo 0.4 miles
Dollar Tree Shops & Services
6,930 visits/mo 0.5 miles

Demographics for 50273, IA

8,570
Population
3,927
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
96%
High-School Grad
195.2 sq mi
ZIP Area
44
Density / Sq Mi
$80,018
Median Household Income
$48,149
Median Earnings
$948
Median Rent
$216,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Absolute net Pizza Hut with a new lease scheduled to expire 12/31/2032.
Where is this conventional restaurant located?
The property is located at 118 E Madison St Winterset, IA.
What are key features of this property?
This property features: Absolute net Pizza Hut at 118 E Madison St, Winterset, IA; New lease scheduled upon close with expiration on 12/31/2032; Lease includes 5% increases every 5 years
More about this property
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