Retail    

Pizza Hut

 Minerva, OH

Asking Price

$1,176,133

Cap Rate

6.00%

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Strong

Franchisee Guaranty

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Absolute NNN

Lease

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Strong

Retail Synergy

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Across from

Minerva Brock Park

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Strong Franchisee Guaranty
    The investment is backed by a franchisee guaranty, SFR X Holdings, LLC, which owns and operates over 120 units nationwide.
  • Absolute NNN Lease | No Landlord Responsibility | 1.75% Annual Rent Increases Starting in 2028 | Options Extend to 2073
    Pizza Hut is under an Absolute NNN lease structure, leaving no responsibility to the Landlord, creating a passive income investment. Additionally, the lease features 1.75% annual rent increases starting in 2028, and offers the same increases in each of the 6, 5-year options.
  • Retail Trade Area | Surrounded by National Retail Tenants
    The Property is surrounded by several national retail tenants including McDonald's, Dairy Queen, Domino's, Carl's Jr, and Rite Aid. These tenants will drive additional daily traffic and create a bustling retail trade area to benefit all tenants. 
  • Across from Minerva Brock Park | Neighborhood Family Fun Day
    Brock Park is across the street from Pizza Hut and has a baseball field, playground equipment, and a skate park that bring local neighbors every day. The park also hosts the Minerva Family Fun Day, a free annual event that includes food, games, prizes and inflatables. Municipal and private events will boost traffic flow and daily customers to the site. 
  • Less than One Mile from Minerva Elementary and Middle School | 1,258 Students in Elementary and Middle School
    Minerva Elementary and Minerva Middle School are a half mile away from Pizza Hut, with a combined 1,258 students between the two schools. Pizza Hut will benefit from increased daily traffic as families drop off and pick up students in mornings and afternoons. 
  • Nearby Minerva Dairy | 200 Employees Commute Daily
    Pizza Hut is less than one mile from Minerva Dairy, Inc., which brings almost 200 employees to the site daily. The Property will benefit from customers on their daily commute to and from work. 

Exclusively Listed By: Northmarq Restaurant Group

Mike Philbin

Senior Vice President
  mphilbin@northmarq.com      (858) 877-9847

Enoch Escalera

Investment Sales Analyst
  eescalera@northmarq.com      (971) 351-9232

Maggie Brady

Investment Sales Analyst
  mbrady@northmarq.com      (858) 529-8972

In Association With
Jeff McKinney

OH Lic. #BRK.2016002560

Northmarq

4260 Galewood St. Suite A
Lake Oswego, OR 97035


northmarq.com