Pizza Hut Net Lease Opportunity

218 N Heather, Guthrie

This Absolute Net Leased Pizza Hut Italian Bistro is located at 218 Heather Road along I-35 in Guthrie, OK. The 5,500 rsf building was constructed in 2002 and is leased to Chisholm Enterprises (dba KO Huts, LLC). Pizza Hut has successfully operated at this location for almost 20 years. The lease is an absolute net lease with a maturity in May 2030 (9 years remaining). The franchisee has been in existence since 1969 and currently operates 19 locations throughout Oklahoma and Kansas.

Buiding Size: 5,500 SF
Sale Price: $1,700,000

  • Cap rate: 6.23%
  • Absolute Net Lease with 9 years remaining on the lease.
  • Pizza chains are outperforming other restaurants during the pandemic.
  • Strong operating history at this location of almost 20 years.
  • Multi-Unit franchisee that has been in existence since 1969 and operates 19 Pizza Hut locations throughout Oklahoma and Kansas.
Suite Available SF Rate Space Type Floor Plan

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