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2025 Westside Blvd Newton, NC 28658

Sponsored
For Sale
$1,184,000

High-Yield Restaurant Property in Newton, NC

Property size:
2,576 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fee-simple ownership of a Pizza Hut restaurant located at 2025 N Westside Blvd, Newton, NC 28658. The property boasts a 2,576 square foot building situated on a 0.59-acre lot, constructed in 1975. Currently operating under an absolute NNN lease with a franchisee tenant, this single-tenant property offers a strong, passive income stream. The lease features 9.4 years remaining, with attractive 1.25% annual rent bumps, ensuring consistent growth in rental income. The asking price is $1,184,000, representing a compelling $459.63 per square foot and a 6.25% cap rate based on a current Net Operating Income (NOI) of $73,998. The property benefits from a highly visible location on a hard corner intersection, directly across from a Walmart and in close proximity to Interstate 40, ensuring high traffic and excellent visibility within a dense retail corridor. This is a rare opportunity to acquire a stable, high-performing net lease property with significant upside potential. The property consists of a single, one-story building.

Property Features for 2025 Westside Blvd

General Information

Property type
Individual retail properties
Square Feet
2,576 SF
Lot Size
25,700 SF

Building Details

Year Built
1975
Buildings
1
Stories
1

HighLights

  • Fee‑simple ownership of a Pizza Hut restaurant in a high‑traffic location.
  • 2,576 SF building on a 0.59‑acre lot, built in 1975.
  • NNN lease with 9.4 years remaining and 1.25% annual rent increases.
  • Asking price: $1,184,000 ($459.63/SF), 6.25% cap rate, $73,998 NOI.
  • High visibility hard corner location across from Walmart, near I‑40, in a dense retail corridor.
Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Realty agency Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newton
County
Catawba
State
North Carolina
Longitude
-81.266229
Latitude
35.659931

FAQs

What type of property is this?
Individual retail property - High-Yield Restaurant Property in Newton, NC
Where is this individual retail property located?
The property is located at 2025 Westside Blvd Newton, NC.
What is the asking price?
The asking price for this property is $1,184,000.
What are key features of this property?
This property features: Fee-simple ownership of a Pizza Hut restaurant in a high-traffic location.; 2,576 SF building on a 0.59-acre lot, built in 1975.; NNN lease with 9.4 years remaining and 1.25% annual rent increases.
More about this property
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