Pizza Hut | Memphis, TN

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

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Offering Information

4030 Singleton Pkwy
Memphis, TN 38128

  • Price: $1,720,000
  • Cap. Rate: 10.0%
  • NOI: $172,081
  • Building Size: 3,509SF
  • Lot Size: 1.0 AC

Investment Highlights

  • Absolute Net Lease - No Management Responsibilities
  • Guaranteed by NPC International - Worlds Largest Pizza Hut Franchisee
  • NPC Currently Operates 1,400 Restaurants in 28 States
  • 4 Years Remaining - Equipped with Increases & Options
  • Located on Heavily Traveled Singleton Pkwy. Traffic Exceeds 22,000 VPD
  • Surrounded by National Retail Tenants Including Walgreens, Walmart, Kroger, Goodwill, Wendy’s, Burger King and Many More
  • In Close Proximity of Methodist North Hospital - 233 Bed Center
  • Tennessee is a Tax Free State
  • Memphis had a Population of 653,450 in 2013 - Largest City in the State of TN