Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

Enter the "Deal room" for exclusive documents related to this property.

I accept the confidentiality agreement

Attributes

Building Area
Land Area

Property Description

For sale is a freestanding Pizza Hut property, located in Eagle River, Wisconsin. PH Hospitality Group is a franchisee for Applebee’s and Pizza Hut locations throughout Wisconsin, offering family dining and pizza for over 21 years. The property is strategically located at the intersection of Willow and West Pine streets (19,200 VPD), one of the most highly trafficked areas in Eagle River. PH Hospitality Group leases the property until December 31, 2024 but the tenant has closed operations. Investors can hold the property until the end of the lease earning a 7.88% cap rate then redevelop it for a new user. They can also negotiate a lease termination and use the funds to immediately redevelop the property.

Investment Highlights

• Fee simple interest

• Lease term of 4.9 years remaining offering a secure income stream 

• Absolute NNN lease with zero landlord responsibilities

• Strategically located, offering excellent visibility

• Excellent redevelopment opportunity with rental cash flow


Pierce Owens
Pierce Owens
Senior Vice President
License details
TX - 510337
Donna Kolius
Donna Kolius, CCIM
Executive Vice President
License details
TX - 309164

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+358931583230

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.