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Humble Pie 730 E 1st St 1,768 SF 100% Leased Retail Building Pratt, KS 67124 $725,000 ($410.07/SF) 17.24% Cap Rate
Executive Summary
Humble Pie has a strong 25-year history of great pizza and service in Pratt and now in Larned. The entire business, including real estate, equipment, delivery vehicles, trademarks, and licenses, is included. This is a phenomenal opportunity for a turnkey transition, with all the help and support available for the buyers. The pizza has been a staple in the area for a quarter century. Pratt features strong pickup, delivery, and dine-in. Larned has room for dine-in but currently offers only delivery and carryout. If you've ever considered a pizza business, take a strong look at this opportunity. Priced to sell!
Property Facts
Sale Type
Investment NNN
Sale Condition
Business Value Included
Property Type
Building Size
1,768 SF
Building Class
C
Year Built
1952
Price
$725,000
Price Per SF
$410.07
Cap Rate
17.24%
NOI
$125,000
Business Value
$1,000,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.18
Lot Size
0.22 AC
Frontage
75’ on 1st St
Amenities
- Corner Lot
- Pylon Sign
- Signage
About 730 E 1ST ST , PRATT, KS 67124
Pratt - RESURVEY SIMPSON'S 2ND ADDN, BLOCK 21, S/2 LOT 05 & ALL LOT 06 Larned - LARNED, ORIGINAL TOWN, BLOCK 26, N45 W2 LT 15 & LTS 16 17 18
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 088-34-0-30-46-004.00-0 | Improvements Assessment | $20,678 |
| Land Assessment | $1,318 | Total Assessment | $21,996 |
Property Taxes
Parcel Number
088-34-0-30-46-004.00-0
Land Assessment
$1,318
Improvements Assessment
$20,678
Total Assessment
$21,996
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Humble Pie | 730 E 1st St