January 10, 2025 – Hobie Hare of Horvath & Tremblay has successfully completed the sale of a Pizza Hut in Fulton, Missouri. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $675 ,000.
Pizza Hut is located at 2055 N Bluff Street in Fulton, Missouri. Pizza Hut has been at this location since 2017 and has 7 years remaining on their Absolute NNN Lease with four (4), 5-year renewal options. The Property consists of a 3,150 square foot building on a 1-acre parcel. The Property features Pizza Hut’s best-in-class pick-up window for mobile ordering designed to enhance customer experience and drive sales. The lease calls for attractive 5% rent increases every 5 years throughout the primary lease term and at the start of each renewal option, providing a steady increase in income and an attractive hedge against inflation. Pizza Hut is situated along N Bluff Street (US Route 54 BUS), the area’s primary commercial corridor and benefits from outstanding frontage and visibility. The Property is surrounded by the area’s national retailers and restaurants including Walmart Supercenter, Tractor Supply, Moser’s Foods, Aldi, Wendy’s and Taco Bell, and is convenient to area schools including William Woods University, and Fulton’s residential neighborhoods providing a built-in customer base. Pizza Hut is 1.4-miles from US Highway 54.
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.