Pizza Hut

Fundamental Location, Visibility & Access

• Located along US-31, Flomaton’s primary commercial corridor and a direct connector to U.S. Hwy 29 and I-65, linking Mobile and Pensacola
• Strategically positioned at the Alabama–Florida border, capturing cross state traffic and logistics-based demand
• Benefits from nearby national retailers such as Dollar General, Circle K, McDonald’s, and Food Giant, driving daily consumer traffic to the immediate trade area
• ±45 minutes from Pensacola, FL, and ±60 minutes from Mobile, AL, giving the site dual-metro reach while maintaining a low cost of ownership
• Flomaton is experiencing growth through logistics, education, and healthcare, with additional upside from undeveloped commercial pads along the corridor
• Surrounded by community drivers like Turtle Point Environmental Science
• Center and local parks, adding to consistent regional foot traffic

Optimal Lease Structure

• NNN Lease Structure – Tenant responsible for all expenses, taxes, insurance, maintenance, and capital improvements
• Lease commenced in February 1999 with ±3.5 years of current term remaining
• Includes 1 × 5-year extension option, offering future rollover and renewal leverage
• Current Base Rent: $28,058 annually | Percentage Rent: $36,042
• The average annual rent over the past three years is $64,100
• Offered at $775,737, equating to an effective blended cap rate of 8.26%
• Situated on ±0.70 acres with 3,063 SF of GLA, below replacement cost and ideally sized for long-term QSR use or future repositioning
• Opportunity for an investor to secure institutional franchise credit with a low-cost basis and operational runway