Turn-Key Pizza Hut Outparcel

Cheektowaga, NY (Erie County)

Turn-Key Pizza Hut Outparcel
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Asking Price: $535,000

Cash Flow: N/A

Gross Revenue: N/A

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Inventory: N/A

Established: N/A

Turn-Key Pizza Hut Outparcel

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Business Description

This property is a freestanding Pizza Hut on Union Road, Cheektowaga, New York. The subject property sits on a 0.48 +/ acre parcel, and the building is 2,220 +/- square feet. This operating Pizza Hut is an established location where it has operated successfully for many years and newly remolded recently. There are currently 2+/year remaining on the current lease term, with three (3), 5 year renewal options. The rent escalates by ten percent in each option period, and historically. This is a true triple net (NNN) lease investment opportunity. This investment opportunity is offered at a high cap rate. Also have a second fully leased Pizza Hut
available at 5565 Camp Road, Hamburg, NY. Call For Details.

This property is strategically located on the corner of Union Road and Zoerb Avenue just north of Walden Avenue, very close to the New Walmart Super Center and the Galleria Mall, which attracts visitors from many surrounding areas including Canada. NYS Thruway exit 51-E Walden Avenue.

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Rick Recckio

Business Listed By:
Rick Recckio

Recckio Real Estate and Development Inc.

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