September 8, 2023 – Zach Smith of Horvath & Tremblay has successfully completed the sale of Pizza Hut in Shawano, Wisconsin. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $1,516,000.
Pizza Hut is located at 1209B E Green Bay Street in Shawano, Wisconsin. The new construction Pizza Hut features a 1,908 square foot building on a 0.88-acre parcel. The Property features Pizza Hut’s best-in-class pick-up window for mobile ordering designed to enhance the customer experience and drive sales. Pizza Hut signed a new 15-year Absolute NNN Lease upon the close of escrow. The lease provides three (3), 5-year renewal options and calls for attractive 1.5% annual rent increases throughout the primary lease term and renewal options. Pizza Hut is situated along E Green Bay Street, the area’s primary commercial and commuter corridor and benefits from outstanding frontage and visibility. The Property is surrounded by national retailers including Walmart Supercenter, ALDI, Dollar Tree, and McDonald’s, all of which drive traffic to the immediate area. Additionally, the Property is close to the town’s municipal offices, area schools, and is just 2.5-miles from the World War I Veterans Memorial Highway (WI Route 29).
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.