1518 10Th AveGreat Falls, MT 59405

For Sale
$1,009,000

High-Yield NNN Lease, 15 Years Remaining

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 1518 10th Ave S in Great Falls, Montana. The property boasts a substantial 4,574 square feet on a 0.6-acre lot, built in 2010. Currently operating at 100% occupancy, the lease features a strong 15-year remaining term with attractive 1.50% annual rent increases, ensuring consistent and growing income. The property's Net Operating Income (NOI) stands at $65,611, yielding a compelling 6.50% cap rate. The asking price is $1,009,000, translating to a price per square foot of $220.59. This is a single-story building representing a low-maintenance, passive income investment with a nationally recognized brand tenant. The property's location in Great Falls, Cascade County, Montana (zip code 59405) offers excellent visibility and accessibility. This is an ideal opportunity for investors seeking a stable, high-return investment with a long-term lease and built-in growth potential. The property's strong financials and established tenant make it a highly desirable addition to any portfolio. The absolute NNN lease structure shifts most responsibilities to the tenant, minimizing landlord obligations.

Highlights

  • $1,009,000 asking price for a Pizza Hut in Great Falls, MT.
  • Absolute NNN net lease, single-tenant property.
  • 15 years remaining on the lease with 1.5% annual rent increases.
  • 4,574 square feet on a 0.6-acre lot, built in 2010.
  • 6.50% cap rate with a $65,611 NOI and 100% occupancy.

Property Details for 1518 10Th Ave

Property type
Other retail properties, Restaurants
Square Feet
4,574 SF
Year Built
2010
Buildings
1
Stories
1
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.4938914
Longitude
-111.2809201
1518 10Th Ave, Great Falls, Montana
Leaflet | © OpenStreetMap contributors

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.
1518 10Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size Select options
Please enter message