Pizza Hut NNN
For Sale
Contact for pricing
Pending
1001 E Broad St, Elyria, OH 44035
Freestanding restaurant property subject to an absolute triple-net lease with scheduled annual escalations.
Property Size2,987 SF
Lot Size0.90 Acres
Days on Market141
Property Features for 1001 E Broad St
General Information
Standard status
Pending
Size
2,987 SF
Lot size
0.90 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 7:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This Pizza Hut property includes approximately 2,987 rentable square feet of building area on an estimated 0.90-acre parcel in Elyria, Ohio. The asset is configured for restaurant use and is subject to an absolute triple-net lease that began on February 22, 2022.
The lease has a 20-year base term, with 1.75% annual increases beginning in year seven. It also provides six five-year renewal options, establishing a defined long-term lease structure for the property.
The lease has a 20-year base term, with 1.75% annual increases beginning in year seven. It also provides six five-year renewal options, establishing a defined long-term lease structure for the property.
Key Highlights
- Pizza Hut restaurant property at 1001 E Broad St, Elyria, OH 44035
- Approximately 2,987 rentable square feet on an estimated 0.90‑acre parcel
- Absolute triple‑net lease commenced on 2/22/2022
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
McDonald's
Dining
28,502 visits/mo
0.2 miles
Speedway
Shops & Services
26,482 visits/mo
0.2 miles
Dunkin' Donuts
Dining
14,263 visits/mo
0.2 miles
Family Dollar
Shops & Services
10,134 visits/mo
0.1 miles
Pizza Hut
Dining
4,603 visits/mo
0.1 miles
Demographics for 44035, OH
61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding restaurant property subject to an absolute triple-net lease with scheduled annual escalations.
Where is this nnn property located?
The property is located at 1001 E Broad St Elyria, OH.
What are key features of this property?
This property features: Pizza Hut restaurant property at 1001 E Broad St, Elyria, OH 44035; Approximately 2,987 rentable square feet on an estimated 0.90‑acre parcel; Absolute triple‑net lease commenced on 2/22/2022
