1518 10th S Ave Great Falls, MT 59405-2626
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.
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Wing Street Restaurant Take-out & Catering
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Pizza Hut Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.