Location is on busy U.S. 90 / Mobile Highway 2,516 Sq Ft Dine-In facility operating in place since 1999 34,000 Vehicles/Day, annual avg. on Mobile Highway near the site Rent is $1,945 monthly with an override of 5% of Gross Sales Access is from median-divided 4-lane highway; median cut nearby Current lease continues through January 31, 2016 in this established Pizza Hut location. This is a net-leased investment offering. The tenant is NPC, a well-established operator of Pizza Hut restaurants. The annual base rent also carries a percent override clause, making the pro forma value subject to variations in sales. This tenant has occupied the property since February 1999. The dine-in designed building is in good repair, offering 75 seats served by 55 parking spaces. Traffic on US-90/Mobile Highway is reported as 34,000 Average Annual Daily Traffic offering excellent site visibility. The property has existing building and pylon signage. NPC International is the largest Pizza Hut franchisee in the world. NPC's wholly-owned subsidiary, NPC Quality Burgers, Inc., is also a recent franchisee to join the Wendy's system.
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