News: Brokerage

Horvath, Tremblay, and Black of Horvath & Tremblay complete $675,000 sale of Pizza Hut/WingStreet

Bob Horvath,
Horvath & Tremblay

 

Todd Tremblay,
Horvath & Tremblay

 

Jeremy Black,
Horvath & Tremblay

 

Kingston, NY Bob Horvath, Todd Tremblay and Jeremy Black of Horvath & Tremblay have completed the sale of Pizza Hut and WingStreet. Horvath & Tremblay represented the seller of the free-standing Pizza Hut and WingStreet, closing at a sale price of $675,000. Pizza Hut and WingStreet fully occupy the 2,340 s/f building located along Ulster Ave. The 10-year, triple-net (NNN) lease, commenced in June 2014 and has 7 years remaining on the current lease term plus one automatic, five-year renewal option. 

Pizza Hut has occupied the building since it’s completion in 1974.

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