813 Oklahoma Ave Ulysses, KS 67880-2346

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 813 W Oklahoma Ave, Ulysses, KS 67880. The property boasts 3,626 square feet on a 0.61-acre lot, built in 1992, and enjoys a prime retail corridor location directly off U.S. Highway 160, ensuring excellent visibility and accessibility. Currently operating at 100% occupancy, the property offers a strong net operating income (NOI) of $103,186, translating to a compelling 6.50% cap rate. The asking price is $1,587,470, representing a price per square foot of $437.80. The lease features a remaining term of 14.7 years with attractive 1.50% annual rent bumps, providing consistent and predictable income growth. This is a rare opportunity to acquire a well-established, nationally branded, and passively managed investment property in a desirable location. The property consists of a single, one-story building. The investment highlights include the strong tenant, long lease term, and prime highway visibility. This is an ideal addition to any diversified real estate portfolio seeking stable, long-term returns. The property is categorized as QSR/Fast Food and Restaurant.