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    OFF-MARKET
    Drive through restaurants

    4900 2nd N Ave, Great Falls, MT 59405-1502

    1,456 SF 0.42 ac lot Built 1972
    Entity Owned 1-yr Hold
    Property ID
    US52-0109934
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 4900 2nd Ave N in Great Falls, Montana, zip code 59405. The property boasts a strong location directly off 2nd Avenue North with Highway 89 access, benefitting from high visibility and convenient access for customers. The 2,684 square foot building sits on a 0.42-acre lot and was originally constructed in 1972, undergoing renovations in 1995. Currently operating at 100% occupancy, the Pizza Hut lease features a remaining term of 15 years with annual rent increases of 1.50%. The asking price is $982,883, representing a price per square foot of $366.20 and a compelling 6.75% cap rate. The property generates a Net Operating Income (NOI) of $66,345. This investment is further enhanced by its proximity to a Walmart Supercenter and a thriving retail area, ensuring consistent customer traffic and strong long-term potential. The property's classification as a QSR/Fast Food restaurant and its national credit tenant provide significant stability and attractive investment characteristics. This is a rare opportunity to acquire a well-established, high-performing retail property in a desirable location.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1972
    Construction STEEL FRAME
    Total area 1,456 SF
    Lot 0.42 ac (18,295 SF)
    APN 02-3016-09-1-02-20-0000
    UPID US52-0109934
    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
    Current use
    Occupant on record · Public records
    • Pizza Hut Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Gmrg Acq 1 LLC · 1 yrs held
    Gmrg Acq 1 LLC
    since 2024
    5 recorded transactions
    2024
    2020
    2019
    2019
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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