pizza hut - 4200 s. east street
indianapolis, IN 46227
SALE PRICE: $1,238,095
The Hirth Group is pleased to announce the sale of 4200 S East Street, Indianapolis, Indiana– a single tenant NNN Investment opportunity. The subject property is a Pizza Hut + Wing Street operated by the 4th largest pizza hut operator in the United States.
After successfully closing the buyers down leg, Daniel and Elijah were able to find the perfect deal to satisfy their clients 1031 exchange needs. Even with a strict buying criteria and competitive market environment, they were able to pinpoint the perfect property. The buyer was looking for a single tenant NNN investment with a long-term lease, strong/credible tenant, and strong demographics. With these types of deals flying off the shelf due to a multitude of socioeconomic factors, Daniel and Elijah had to get creative. To ensure their client got the deal he wanted, they strategically placed the deposit from his down leg as a deposit for his up leg, prior to closing escrow in order to lock up the deal. By doing so, they were able to alleviate the stress of executing a tight 1031 exchange with short time frames.
License CA: 01515796
Senior Investment Associate
License CA: 02024364