55 Main St Kalispell, MT 59901-4013
- Drive through restaurants
- 4,684 SF
- 0.98 lot acres
Jan 28, 2025
Current Use by Public Records
- Pizza Hut / Pizza Delivery / Chicken Wings Restaurant
Property Details for 55 Main St
- Year built
- 1991
- Construction
- WOOD
- Lot size
- 0.98 lot acres
- Property size
- 4,684 SF
- Zone code
- 6
- Property type
- Drive through restaurants
- APN
- 07-3966-07-4-19-13-0000
- APU
- 7396607419130000
Description
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 55 N Main St, Kalispell, MT 59901, in Flathead County. The property boasts a substantial 4,598 square feet on a 0.98-acre lot and was built in 2000. Currently operating at 100% occupancy, the property offers a strong, stable income stream with a 7.00% cap rate and a Net Operating Income (NOI) of $140,601. The asking price is $2,009,000, translating to a price per square foot of $436.93. The lease features a remaining term of 15 years with attractive 1.50% annual rent increases, providing predictable and growing returns for the investor. This is a rare opportunity to acquire a well-established, nationally branded QSR/Fast Food restaurant in a prime Kalispell location. The property consists of a single, one-story building. The absolute NNN lease structure minimizes landlord responsibilities, making this an ideal low-maintenance investment. This property is a compelling investment for those seeking a secure, high-yield, and low-management commercial real estate asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kalispell
- County
- Flathead
- State
- Montana
- Longitude
- -114.314
- Latitude
- 48.2003
- CBSA code
- 28060
- CBSA name
- KALISPELL, MT MICROPOLITAN STATISTICAL AREA
