Pizza Hut - Painesville, OH
Pizza Hut - ABS NNN | Top Operator (120-Units) | Ideal 1031 Exchange Opportunity
Marketing description
We are is pleased to exclusively offer for sale the 1,302 SF Pizza Hut located at 1165 Mentor Avenue in Painesville, OH. This deal includes an Absolute Triple Net (NNN) Lease with annual rent increases (starting March 1, 2028), providing an investor with strong rental growth and zero landlord responsibilities, providing for a unique investment.
Investment highlights
Long-term passive income opportunity with approximately 16+ years remaining on the base lease term, along with 6 optional 5-year extensions so investors can enjoy a long-term and stable passive income stream; the lease structure ensures financial security and growth potential over the years.
Absolute Triple Net (NNN) Lease with 1.75% annual rent increases (starting March 1, 2028) provides an investor with strong rental growth with zero landlord responsibilities.
Leading Pizza Hut franchisee with 120+ locations operated by SFR XI Holdings, LLC, and guaranteed by SFR XI Holdings, LLC, the 11th largest Pizza Hut franchisee in North America, this property benefits from the expertise of a top operator with over 120 units.
Globally recognized restaurant brand Pizza Hut, part of the Yum! Brands' family operates close to 20,000 locations globally; in 2023, Pizza Hut's system-wide sales reached $13.3 billion; meanwhile, Yum! Brands, its parent company, reported system-wide sales totaling approximately $63.8 billion for the same year.
Ideal 1031 exchange opportunity featuring a low price point.
Strategically positioned at a signalized hard-corner intersection with 38,000+ VPD and shadow-anchored by a Giant Eagle Market, driving strong synergistic traffic and reinforcing the site’s long-term value.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
