Property profile

1518 10th S Ave Great Falls, MT 59405

OFF-MARKET
Drive through restaurants
Property ID
US52-0045825
4,189 SF 0.6 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1985
Construction WOOD
Total area 4,189 SF
Lot 0.6 ac (26,005 SF)
APN 02-3016-18-2-36-10-0000
UPID US52-0045825

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering
  • Take-out & Catering

Location

1518 10th S Ave Great Falls, MT 59405-2626
Great Falls metro Census 2202 GREAT FALLS, MT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
6 recorded transactions
2025
Price N/A
2024
Price N/A
2024
Price N/A
2020
Price N/A
2019
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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