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