Pizza Hut

Other Retail / Posted 12 months ago by Keith Sturm, Upland Real Estate Group, Inc. / 297 views

  • Price : $1,391,304
  • Cap Rate : 5.75%
  • Net Operating Income : $80,000
  • Tenant : MUY Pizza Minnesota, LLC
  • Lease Type : NNN
  • Lease Term Remaining (Years) : 20 Years
  • Building Size (SF) : 2,730
  • Land Area (Acres) : 0.66
  • Year Built : 1982

This Pizza Hut property is located on 4th street SW just one block from Highway 18 with traffic counts over 26,000 vehicles per day in Mason City, Iowa. Nearby retailers include Hobby Lobby, Hy-Vee, Arby’s, Days Inn, Burger King, Perkins Restaurant and Bakery, Jimmy John’s, Tractor Supply, McDonald’s, Applebee’s, Walgreens and many more. Less than a mile away in the Southbridge Mall, which is a Regional Retail Center in North Iowa with national retailers such as Bath & Body, Claire’s, GNC, Victoria Secret and many more. By the end of 2019, a new multi-purpose arena is set to open up. This arena would include a hotel with a skyway to Music Man Square to follow. This total project is a 38 million dollar River City Project. Located less than a mile away is the MercyOne North Iowa Medical Clinic, which is the largest health care system in Iowa.

2117 4th St SWMason City,Iowa,50401

Keith Sturm
Upland Real Estate Group, Inc.

612-332-6600

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