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26789024
26789023

556 Main St, Wellsville, OH 43968

GK
NY 49KU1129178
SURMOUNT
KK
NY 10401321452
SURMOUNT
JK
NY 10401386896
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$812,500
272 days on market
Updated 22 days ago
Opportunity zone

Pizza Hut

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,266
Cap Rate 8%
NOI $65,000
Occupancy 100%
Tenancy Single
Brand/Tenant Pizza Hut
Lease Type NNN
Lease Term 20
Lease Expiration 02/28/2042
Remaining Term 15.8
Year Built 1979
Acreage 0.280
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/22/2022
Ownership Fee Simple

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.

Listing Contacts

GK
NY 49KU1129178
SURMOUNT
KK
NY 10401321452
SURMOUNT
JK
NY 10401386896
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,000.00
$5,416.67/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Brian Brockman
License
BRK.2009000214
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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