Pizza Hut | 16848 St Clair Ave
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Pizza Hut 16848 St Clair Ave
2,974 SF Retail Building East Liverpool, OH 43920 £1,304,084 (£438/SF) 6% Net Initial Yield
Investment Highlights
- Globally Recognized Restaurant Brand and Top Pizza Hut Franchise Operator (120+ Units)
- ±17.5 Years of Term Remaining with Renewal Options
- 40+ Year Operating History with New 20-Year Lease
- Top 10% Performing Store in the Nation and Absolute NNN Lease
- Recent Renovation in a High-Traffic Location
- Drive-Thru with Impressive Sales Growth
Executive Summary
- The Property is ranked within the top 8.6% of Pizza Huts in the nation based on number of visits, underscoring its strong market presence and popularity. This store consistently attracts a high volume of customers and is a standout performer.
This Pizza Hut Property underwent a major renovation in 2021, enhancing its modern appeal and operational efficiency, and boasts an outstanding year-over-year sales growth of over 16%, significantly outpacing industry averages. There are approximately 17.5 years of remaining base lease term with six (6), five (5) year option periods, offering an investor many years of passive income.
In association with:
Rob Gemerchak, OH Lic #BRKP.2019006339
This Pizza Hut Property underwent a major renovation in 2021, enhancing its modern appeal and operational efficiency, and boasts an outstanding year-over-year sales growth of over 16%, significantly outpacing industry averages. There are approximately 17.5 years of remaining base lease term with six (6), five (5) year option periods, offering an investor many years of passive income.
In association with:
Rob Gemerchak, OH Lic #BRKP.2019006339
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,974 SF
Building Class
B
Year Built/Renovated
1981/2021
Price
£1,304,084
Price Per SF
£438
Net Initial Yield
6%
NOI
£78,245
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.90 AC
Amenities
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 6103727000 | Improvements Assessment | £75,999 |
| Land Assessment | £16,048 | Total Assessment | £92,047 |
PROPERTY TAXES
Parcel Number
6103727000
Land Assessment
£16,048
Improvements Assessment
£75,999
Total Assessment
£92,047
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Pizza Hut | 16848 St Clair Ave
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