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Property profile & analytics
OFF-MARKET
Drive through restaurants

1640 Main St Lewistown, MT 59457-2257

3,029 SF 0.59 ac lot Built 1975
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US52-0578610
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 1640 W Main St, Lewistown, MT 59457. Boasting significant street frontage along US Highway 87, this 3,243 square foot building sits on a 0.68-acre lot and features a convenient drive-thru. Built in 1975 and renovated in 1995, the property enjoys 100% occupancy with a strong Pizza Hut tenant. The current lease boasts a remaining term of approximately 14.7 years, with annual rent increases of 1.5%. The asking price is $1,154,000, representing a compelling price per square foot of $355.84 and a 6.75% cap rate. The property generates a substantial net operating income (NOI) of $77,885 annually. This is a rare chance to acquire a well-established, passively managed investment with a nationally recognized brand in a prime location. The one-story building offers a stable and predictable income stream, making it an ideal addition to any diversified portfolio. The property's location on a major highway ensures high visibility and accessibility, contributing to its consistent performance. This is a turnkey investment ready for immediate cash flow.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1975
Construction WOOD
Total area 3,029 SF
Lot 0.59 ac (25,657 SF)
APN 08-2467-16-4-02-02-0000
UPID US52-0578610
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pizza Town Holdco LLC · 1 yrs held
Pizza Town Holdco LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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