3316 Grant Line Rd, New Albany, IN 47150

Commercial property for lease

• Description
• PRG Commercial Property Advisors is pleased to present this sale-leaseback, Pizza Hut opportunity located at 3316 Grant Line Road in New Albany, IN (Louisville MSA). The subject property has operated as a Pizza Hut for almost 20 years, and the store recently underwent a full remodeling. The property is very well-located on a lighted corner in a strong, dense retail corridor surrounded by strong national tenants including a shadow anchored Kroger and nearby Walmart. The property has a cross parking easement with neighbors.A purchaser will enjoy a 15 year, absolute NNN lease with a leading franchisee in the market, as well as increases throughout the base and option terms. This presents an excellent opportunity for a 1031 candidate, as well as for an investor looking for solid, long term yield with excellent underlying real estate. Investment Highlights- Long term, 15 year lease begins at closing- Newly renovated store- Well-located lighted- Strong 30 store franchisee Building price details: $963,000.
• Contact info
• Reed B Weinberg

  PRG Commercial Property Advisors
  Amy Hamm

  PRG Commercial Property Advisors
• Note

• Details Info about this row that located on 3316 Grant Line Rd, New Albany, IN 47150 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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