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0030 W 150 N
Lagrange, IN 46761
Pizza Hut · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,035 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
5.78 AC
Zoning
C

ABOUT 0030 W 150 N , LAGRANGE, IN 46761

Updated Store Front | This site has the updated Pizza Hut / Wing Street Concept (an average increase in store sales after a remodel is 6-8%). Site Accessibility | This site features multiple access points off of the main artery in the town, allowing for ease of access to the property. Drive Thru | This asset benefits from its drive thru window, which adds a meaningful level of convenience to the customer experience and drives sales. Established Location | Pizza Hut has operated in this location for 15+ years and is a staple in the community. 17-Year Absolute Net (NNN) Investment | Pizza Hut operates on an Absolute Net (NNN) Lease with tenant fully responsible for maintenance, insurance and taxes providing the owner with zero landlord responsibilities. Global Brand | Pizza Hut Has more than 16,000 restaurants in 100+ countries and has become the largest pizza company globally. With $5.5B in annual revenue, they are the 10th largest company in the U.S. Franchisee Guarantee | The lease is guaranteed by Peru Pizza Co Inc, an 18 Unit Entity, c/o Daland Corporation, a 106 unit operator.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44-06-13-400-001.001-004
Land Assessment
$68,500
Improvements Assessment
$492,500
Total Assessment
$561,000
  • Listing ID: 18755551

  • Date on Market: 3/5/2020

  • Last Updated:

  • Address: 0030 W 150 N, Lagrange, IN 46761

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