786 S Church St | Forest City, NC 28043
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786 S Church St
Forest City, NC 28043
PIZZA HUT 15-YR ABSOLUTE NET (NNN) -Forest C · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- OPEN & PAYING RENT (During COVID-19) * Brand New 15-Year * Lease Absolute Triple-Net * Zero Landlord Responsibilities
- Award Winning Franchisee – Year After Year * Increasing Sales – Year After Year * Outparcel To Ingles Supermarket
- Large 1.05 Acre Lot with Plenty of Parking and Access * Caters To Multiple Schools in the Area * Single Tenant Net Leased Asset
- Very Healthy Rent-To-Sales Ratio * Five Percent Bumps Every Five Years * Operated By One of the Largest Pizza Hut Franchisees
- Minutes from Isothermal Community College – 1,929 Students * Conveniently Located Off the Interstate * Visible From Route 74
- Globally Recognized Brand Located In 106 Countries
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,622 SF
Year Built/Renovated
1975/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.05 AC
Zoning
C3
ABOUT 786 S CHURCH ST , FOREST CITY, NC 28043
Marcus & Millichap is pleased to offer this Pizza Hut property paired with an absolute net long term lease with zero landlord responsibilities. Pizza Hut, is the largest pizza company in the world.
PROPERTY TAXES
| Parcel Number | 1620655 | Improvements Assessment | $286,700 |
| Land Assessment | $137,200 | Total Assessment | $423,900 |
PROPERTY TAXES
Parcel Number
1620655
Land Assessment
$137,200
Improvements Assessment
$286,700
Total Assessment
$423,900
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