September 26, 2025 – Zach Smith, Chris King and Kyle Danielson of Horvath & Tremblay have successfully completed the sale of a Pizza Hut in Kings Mountain, North Carolina. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $1,250,000.
Pizza Hut is located at 1031 Shelby Road in Kings Mountain, North Carolina. Pizza Hut has a long operating history at the property and signed a new 15-year Absolute NNN Lease with four (4), 5-year renewal options. The lease calls for attractive 10% rental increases every five years throughout the primary lease term and at the start of each option period. This location is operated by a seasoned franchisee with more than 80 locations. Pizza Hut enjoys an outstanding location along Shelby Road (US Highway 74 BUS), the area’s primary commercial and commuter corridor and is 2-miles from US Highway 74 and 2.5 miles from Interstate 85. The Property benefits from excellent visibility, frontage, and signage and is surrounded by the area’s retailers (Walmart, Food Lion, CVS, McDonald’s) and businesses, all of which drive traffic to the immediate area. Additionally, Pizza Hut is convenient to the area’s residential neighborhoods and schools providing a built-in customer base. Kings Mountain is in southcentral North Carolina approximately 35 miles west of Charlotte.
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.