224 Main St Sterling, CO 80751

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut restaurant located at 224 W Main St, Sterling, CO 80751. The property boasts a highly desirable location on W. Main Street, ensuring excellent visibility and accessibility for customers. The 5,192 square foot building, constructed in 1975 and renovated in 1995, sits on a 0.57-acre lot and includes a convenient drive-thru. The current lease with Pizza Hut has a remaining term of 15 years, providing long-term stability and predictable cash flow. The lease features annual rent increases of 1.50%, offering built-in protection against inflation. The property's strong financial performance is reflected in its current Net Operating Income (NOI) of $84,837, resulting in a 6.00% cap rate and a price per square foot of $272.34. The asking price for this exceptional investment is $1,414,000. With 100% occupancy and a long-term lease, this property represents a compelling opportunity for investors seeking a stable, high-performing asset in a thriving market. The property consists of one single-story building.