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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2025 Westside Blvd Newton, NC 28658

2,576 SF 0.59 ac lot Built 1975
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1975
Total area 2,576 SF
Lot 0.59 ac (25,700 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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