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    1518 10th S Ave Great Falls, MT 59405-2626
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    Property profile & analytics

    1518 10th S Ave, Great Falls, MT 59405-2626

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    • Drive through restaurants
    • 4,189 SF
    • 0.60 lot acres
    Off-Market
    Last Sale Sep 19, 2024
    Property ID
    US52-0045825
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wing Street / Restaurant / Take-out & Catering
    • Pizza Hut / Take-out & Catering

    Property Details for 1518 10th S Ave

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Property type
    Drive through restaurants
    APN
    02-3016-18-2-36-10-0000
    APU
    2301618236100000

    Description

    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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    Location Insight

    • Map
    • Local Demand
    City
    Great Falls
    County
    Cascade
    State
    Montana
    Longitude
    -111.281
    Latitude
    47.4939
    CBSA code
    24500
    CBSA name
    GREAT FALLS, MT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,572
    $0.00
    $0.00
    $1,909,500
    -
    $1,220,150
    $689,350
    $1,909,500
    More about this property
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