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460 Highway 56
Elkhart, KS 67950

$972,367 USD

Fast Food For Sale  •  2,416 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,416 SF
  • Lot Size 0.97 AC
  • Building Class C
  • Year Built 1975
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning C
20 Walk Score

Highlights

12+ years remaining on a Triple Net (NNN) Lease with zero landlord responsibilities.
1.5% annual rent increases, providing a healthy hedge against inflation and steady rent growth.
Backed by Yum! Brands, Pizza Hut demonstrates stable revenue streams from its franchise model, with consistent systemwide sales in excess .
With more than 19,000 locations in over 100 countries, Pizza Hut maintains a dominant presence in the QSR sector.
Grand Mere Restaurant Group (GMRG) is a leading multi-unit restaurant operator with a growing portfolio of branded quick-service and fast-casual.
Strategically located on Highway 56, the main thoroughfare through Elkhart.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Pizza Hut 2,416 SF 1/31/2039

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC