Listed by Sands Investment Group Los Angeles
$2,790,000
Pizza Hut - Los Angeles, CA
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,859
Cap Rate 4.75%
NOI $132,474
Occupancy 100%
Tenancy Single
Brand/Tenant Pizza Hut
Lease Type Absolute NNN
Lease Term 26.6
Lease Expiration 02/29/2036
Remaining Term 10
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Year Built 1991
Acreage 0.180
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 07/31/2009
Ground Lease No
Absolute NNN Pizza Hut | ~10 Yrs Remaining | Top-Performing SoCal Unit | Strong Franchisee Guarantee
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 1,859 SF Pizza Hut located at 4356 Leimert Boulevard in Los Angeles, CA. This property features an Absolute Triple Net (NNN) Lease with ~10 years of remaining term, 1.5% annual rent increases, and zero landlord responsibilities. The tenant has operated successfully at this location since 2010, demonstrating long-term commitment and strong operational performance in this market. Altogether, this asset provides a stable, low-maintenance, and compelling investment opportunity.
Investment highlights
- Extremely High Store Performance: This location is one of the top-performing Pizza Hut units in Southern California. Please inquire with brokers for more information.
- Long-Term Lease in Place: Lease provides ~ 10 years of remaining term on an Absolute Triple Net (NNN) Lease structure, with 1.5% annual increases and zero landlord responsibilities.
- Top-Tier Franchisee Guarantee: Operated by Southern California Pizza Co., LLC, the largest Pizza Hut franchisee in California and the third-largest in the nation, with 224 locations across Greater Los Angeles.
- Established Long-Term Location: The tenant has operated successfully at this location since 2010, reinforcing commitment and proven viability in the market.
- High-Traffic Urban Infill Site: Signalized intersection of Leimert Blvd & 11th Ave with 41,000+ VPD, surrounded by dense residential and major commercial corridors.
- Densely Populated Trade Area: Over 1.2 million residents within 5 miles, and strong surrounding demographics support consistent customer volume.
- Proximity to Major Retail & Employers: Near Baldwin Hills Crenshaw Mall, Kaiser Permanente, and retailers like McDonald’s, El Pollo Loco, Dollar Tree, and Staples, driving substantial daily foot traffic.
- Internet & Recession-Resistant Tenant: Takeout-driven QSR model proved resilient during COVID-19. Lease extension during the pandemic underscores operator strength.
Listing Contacts
Listed by Sands Investment Group Los Angeles
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,474.00
$11,039.50/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
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