2025 Westside Blvd Newton, NC 28658
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.