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For Sale

Pizza Hut – Waterford

4671 W Walton Blvd
Waterford, Michigan 48329

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For Sale

Pizza Hut – Waterford

4671 W Walton Blvd
Waterford, Michigan 48329

- Property Information

eCODE 578
County: Oakland
Property Type: NNN Investment, Retail
Total Building SF: ± 2,946 SF
Occupancy Rate: 100%
Sale Price: $528,207
Sale Price Per SF: $179.30

- Property Details

Occupancy Type: Single Tenant
Year Built: 1976
# Acres: .65
Zoning: BI
Parcel ID: 13-10-126-058
Parking Type: Surface
# Spaces: 41
Parking Ratio: 13.1 : 1,000 SF

- Additional Information

  • 100% occupied – Absolute NNN lease Pizza Hut property
  • Long and successful operating history at this location (since 1998)
  • Pizza Hut is one of the largest American restaurant chains and international franchises with over 15,000 locations worldwide
  • Operated by Redberry Resto Brands International – 133+ locations in the U.S. and Canada
  • Located in a strong retail trade area that features national tenants including McDonald’s, Burger King, KFC, Taco Bell, Walgreens, Arby’s, Tim Horton’s, and many more
  • Very strong demographics and traffic counts in the immediate retail trade corridor
  • Lease expiration: 5/31/2018
  • Two 5 year options with 15% rent increases
  • In-Place NOI: $52,820
  • Asking price: 10% CAP: $528,207

- For more information, contact:

Steven Silverman

248.324.2000 Request a call