875 Sabattus St, Lewiston, ME 04240

10% RENT INCREASE IN 2027: The lease features a 10% rent increase every five years, including in June 2027, throughout the base term and at the start of each of the 5-year renewal options, providing the investor with an attractive increase in revenue and a hedge against inflation.

LONG-TERM LEASE: Pizza Hut has been at this location since 2002 and executed a long-term lease extension in 2022 demonstrating their commitment to the site and the market. Pizza Hut has 11+ years remaining on their Absolute NNN lease with two (2), 5-year renewal options.

STRONG STORE SALE: Pizza Hut has historically performed well at this location with strong reported Store Sales. This location had 2024 sales of $1,344,938, with a rent to sales ratio of 5.08%.

ZERO LANDLORD RESPONSIBILITIES: The Pizza Hut lease is Absolute NNN and requires zero landlord responsibilities. The tenant is solely responsible for all service, maintenance, repairs, and replacements, making it an attractive investment for the passive real estate investor.

BEST IN CLASS TENANT: Pizza Hut is a wholly owned subsidiary of YUM Brands and boasts an investment grade credit rating of BB (S&P). Pizza Hut has a market cap of approximately $35.44 billion (April 2022) and reported FY 2024 revenues of $13.11 billion. This location is guaranteed by GC Pizza Hut and operated by American Dream Restaurants, LLC

STRATEGIC RETAIL LOCATION: Pizza Hut is well-located along Sabattus Street (ME Route 126), one of the primary commercial corridors traversing Lewiston, and is 1.5-miles from Bates College and the Saint Mary’s Regional Medical Center and 2.5-miles from the Central Maine Medical Center. The Property is also just 2-miles from Main Street (US Route 202) and 3-miles from Interstate 95.

STRONG UNDERLYING REAL ESTATE: The Property is located along a primary four-lane roadway in Lewiston. The site offers excellent visibility and pylon signage, convenient access, and ample parking. The building itself features a modern efficient layout and a highly desired drive-thru lane.

DEMOGRAPHICS: Over 45,500 people live within 3-miles of the Property with an average household income of $75,252. More than 63,900 people live within 5-miles of the Property with an average household income of $85,067. Additionally, there are more than 33,300 employees within 5-miles of the Property.

TRAFFIC COUNTS: More than 17,300 vehicles pass by the property each day along Sabattus Street (ME Route 126).

RETAIL TRADE AREA: Additional retailers driving traffic to the trade area include Hannaford Supermarket, Ace Hardware, CVS, Walgreens, Dollar General, Family Dollar, Dollar Tree, Advance Auto Parts, O’Reilly Auto Parts, McDonald’s, Burger King, Popeyes, Dunkin’ Donuts, Aroma Joe’s, 7-Eleven, and Cumberland Farms. The Property also benefits from its proximity to nearby Bates College and two regional hospitals, Central Maine Medical Center and Saint Mary’s Regional Medical Center.