2955 Prospect Ave Helena, MT 59601-9726
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 2955 Prospect Ave, Helena, Montana, 59601. The property boasts a prime location on a signalized hard corner intersection, offering high visibility and accessibility. Its strategic proximity to Interstate access, a Walmart Supercenter, and a hospital ensures consistent high traffic volume and customer base. The 2,588 square foot building, constructed in 1995, sits on a 0.56-acre lot and is currently 100% occupied under a lease with 14.7 years remaining. The lease features attractive 1.50% annual rent bumps, providing consistent rental income growth. The current asking price is $1,246,000, representing a price per square foot of $481.45 and a strong 6.75% cap rate based on a Net Operating Income (NOI) of $84,129. This is a rare opportunity to acquire a well-performing, low-maintenance, and highly desirable net lease property in a strong Montana market. The property's strong tenant, prime location, and long-term lease make it an ideal addition to any investment portfolio. The single-story building offers a straightforward and easily managed investment.
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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.