1531 E FLORIDA AVENUE Hemet CA 92544-8600

• Drive-Thru Pizza Franchise

• Seller Financing Available

• High Visibility Location

• Fully Equipped Kitchen

• Established Customer Base

• Trained Staff in Place

• Long-Term Lease

• Franchise Support

• Turnkey Operation

• Growth Potential for Owner-Operator or Investor

The subject property is a new Piara Pizza drive-thru located in Hemet, California. The new 10-year absolute NNN lease includes structured rental increases throughout the primary term and option periods. The lease is corporately guaranteed by Piara Pizza, with over 50 locations in CA, AZ, and TX.

The site is strategically located in a dense retail corridor just east of the busiest intersection in Hemet (E Florida Ave and San Jacinto St) adjacent to Jack in the Box and in-between Bank of America and Walgreens. This location benefits from its excellent access and visibility along E Florida Ave with traffic counts exceeding 30,000 vehicles per day. A densely populated area, there are 18,698 people within 1-mile, 111,614 people within 3-miles, and 173,010 people within 5-miles. The 5-mile population has been rapidly growing and is expected to grow another 4.0% over the next 5-years.

National retailers in the immediate vicinity include 7-Eleven, Dollar Tree, Grocery Outlet, Aaron’s, Walgreens, Jack in the Box, Bank of America, Planet Fitness, Wells Fargo, Chase Bank, McDonald’s, and many more. This is an excellent opportunity for an investor to purchase a stable, long term investment with zero landlord responsibility.

New 10-Year Abs NNN Lease w/ Structured Rent Increases

Multiple Rent Increases in Primary Term (2023, 2024, & 2026)

Corporate Guarantee from Piara Pizza (50+ locations)

Very Strong Infill Location in Dense Retail Corridor

Traffic Counts Exceed 30,000 Vehicles Per Day

173,000 Residents within 5-Miles of Subject Property w/ 4% Expected Population Growth over the Next 5-Years

Excellent 1031 Exchange Opportunity in Core So-Cal Market

Walk Score®Somewhat Walkable (53)

Transit Score®Some Transit (33)

• Drive thru restaurant
• Plenty of parking
• Pole signage
• Excellent visibility
• Located on main artery in city of Hemet
• Centrally located