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Executive Summary

Current Real Estate Advisors is pleased to present the opportunity to acquire a high-quality, single-tenant retail asset leased to Pizza Hut and located in Lewistown, MT (the “Property”). This ±3,256 square foot freestanding building is situated on a spacious 0.65-acre parcel and is secured by an Absolute NNN lease, offering investors a truly passive investment with zero landlord responsibilities.
At the close of escrow, a new 20-year lease will commence with the existing operator, including 2% annual increases (beginning in Year 7) and 4, 5-Year renewal options – underscoring the tenant’s long-term commitment to the site. Prominently positioned on a signalized hard corner, the Property enjoys excellent visibility, strong traffic counts, and multiple points of ingress and egress. It is strategically integrated into a vibrant neighborhood, surrounded by established national brands and adjacent to a thriving residential area.
This offering represents an exceptional opportunity to acquire a stable, management-free asset backed by a globally recognized brand, with strong real estate fundamentals and a long-term lease structure designed to deliver durable income and reliable appreciation.
Global Brand + Proven Operator - Pizza Hut, a globally recognized brand with 20,000+ locations worldwide, with this location operated by Grand Mere Restaurant Group, a highly regarded and experienced franchisee with a portfolio of 150+ Pizza Huts across multiple states, reflecting operational strength and stability
Effortless Income Stream - This Absolute NNN lease requires no landlord responsibilities and boasts 20 years of term along with annual bumps and 4, 5-Year options, offering investors a dependable and secure income stream with passive, hands-off management
Community Mainstay - Positioned within a vibrant and growing residential community and surrounded by a mix of national and destination retailers, the Property enjoys a strategic location well-suited for its current tenancy, within an area undergoing notable demographic growth and revitalization, further enhancing the long-term viability and appeal of this asset

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,256 SF
Building Class
C
Year Built
2005
Price
$1,224,129
Price Per SF
$375.96
Cap Rate
7.75%
NOI
$94,870
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.68 AC
Opportunity Zone
Yes
Zoning
C3 - Highway Commercial
Frontage
152’ on W Main St

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
08-2467-16-4-02-02-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$671,600
  • Listing ID: 41805385

  • Date on Market: 8/19/2026

  • Last Updated:

  • Address: 1640 W Main St, Lewistown, MT 59457

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