Pizza Hut
Retail | 8.00% CAP | 2,266 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Pizza Hut located at 556 Main Street, Wellsville, OH 43968. The site consists of roughly 2,266 rentable square feet of building space on an estimated 0.28-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease, which commenced 2/22/2022. The current annual rent is $65,000 and has scheduled increases of 1.75% annually starting year 7.
Investment highlights
Strong Franchisee Guarantee | This lease is guaranteed by SFR XI Holdings LLC, one of the largest Pizza Hut franchisees in the United States with more than 120 locations, providing experienced operational support and dependable income stability.
Long-Term Lease Structure | The subject investment property is secured by a 20-year absolute NNN lease with just over 16-years remaining and annual rental increases of 1.75% commencing in March of 2028, providing stable, long-term cash flow with zero landlord responsibilities.
Access to Riverfront Community | The subject property is located near the Ohio River in a historically industrial town, the property benefits from regional connectivity, steady local traffic, and long-term economic relevance. Riverfront areas often attract ongoing infrastructure investment and redevelopment, supporting future appreciation. The location also enhances visibility and accessibility for both local residents and visitors.
Prominent Main Street Positioning | Situated just off State Route 7, traveled by over 16,000 vehicles daily, this Pizza Hut enjoys excellent regional connectivity and high visibility. The location offers convenient access to Youngstown (20 miles), Pittsburgh (50 miles), and Steubenville (45 miles), placing it within reach of multiple key metropolitan markets. With additional frontage along Main Street, the property benefits from a steady flow of local and commuter traffic.
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