Highlights
•20-Year Absolute Triple Net (NNN) Lease | Long-term lease with zero landlord responsibilities, offering a fully passive income stream. •2025 Lease Extension | Tenant renewed the lease 14 years early, demonstrating strong commitment to this location. •Experienced Multi-State Operator | Grand Mere Restaurant Group manages over 145 Pizza Hut locations across nine states. •High-Performing Site | Strong unit-level economics; contact listing agents for details. •Long-Term Renewal Options | Four additional 5-year options could extend the lease to a total of 40 years. •Local Anchor | Logan Health, a 20-bed critical access hospital, is located in the center of Cut Bank, MT.
Description
Surmount is pleased to offer the exclusive listing for a Pizza Hut at 609 W Main Street, Cut Bank, MT 59427. The property includes approximately 3,334 rentable square feet on a 0.68-acre lot. It is leased under a 20-year Triple Net (NNN) lease beginning at COE, with current annual rent of $98,704 and 2% annual increases starting in year seven.
Listing Details
- Cap Rate
7%
- Tenancy
Single
- Space Type
Retail
- Sub Category
Restaurant
- Date Listed
10/28/2025
- Ownership Info
Fee Simple
- Investment Type
Net Lease
- Net Operating Income
$98,704
Property Specifics
- Property Name
Pizza Hut
- No of Buildings
1
- No of Stories
1
- No of Units
1
- Year Built
1984
- Building Size
3,334 SF
- Lot Size
0.68 Ac
- Year Renovated
1990
- Occupancy
100%