List Search

1330 S Frontage Rd
Hastings, MN 55033 Outlying Hastings

$1,010,000

Restaurant For Sale  •  2,016 Sq Ft

Property Details

  • Property Type Restaurant
  • Total Building Size 2,016 Sq Ft
  • Lot Size 0.71 ac
  • Building Class C
  • Year Built 1977
  • Cap Rate 5.74 %
  • Tenancy Single
0 Transit Score
68 Walk Score

Description

This Pizza Hut property is located on South Frontage Road just south of Highway 55 in Hastings, Minnesota. Traffic counts on Highway 55 average nearly 19,000 vehicles daily. Nearby retailers include McDonalds, AutoZone, Wells Fargo Bank, Arby’s, Culver’s, Cub Foods, Papa Murphy’s Pizza, Caribou Coffee, The UPS Store, Chipotle, Jimmy John’s, Walmart, Subway, Taco Bell and many more. Pizza Hut is located just south of the Alina Regina Hospital. A 57-bed acute care hospital employing almost 400 people and with a 250-plus medical staff. The Hastings High School, a 100-acre property is also located just northwest of Pizza Hut. Along with the High School, the Hasting’s Middle school
and Pinecrest Elementary School are less than a mile away.

Highlights

New 20 year Sale/Leaseback with 10% increase every 5 years.
Hastings is part of the MSP MSA and is the county seat of Dakota County.
MUY Companies is the 5th largest franchise in America operating 754 restaurants nationally.
Excellent demographics with a 5-mile population of 30,391 and average household income over $91,000.
Located in close proximity to Hastings High School, Middle School and the Prinecrest Elementary School.
Centrally located in Hastings retail area, and just south of the Alina Health Regina Hospital.

Property Flyers

Cap Rate: 5.74 %

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Minneapolis–Saint Paul International Airport 37 min - 23.8 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.