Leased Pizza Hut NNN
11093 Asheville Hwy Inman, SC 29349
11093 Asheville Hwy, Inman, SC, 29349
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For Sale
Contact for pricing
Pizza Hut sale-leaseback property is subject to a 15-year NNN lease with 6.5 years remaining.
Property Size2,816 SF
Lot Size1.00 Acre
Price / SF$298.30
Days on Market80
Property Features for 11093 Asheville Hwy
General Information
- Standard status
- Active
- Size
- 2,816 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 1997
Listing agency
BRT Real Estate
Listed by
Brandon Trevellyan · License #CA 01750760
Source
Crexi
Added: May 5 Updated: Jul 23 at 4:30AM Checked: Jul 23 at 4:30AM
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 BRT Real Estate
Investment Insights
Based on property information with market context.
This Pizza Hut property includes approximately 2,816 square feet of building space on approximately 1.00 acre of land. The asset is offered as a 15-year triple-net (NNN) sale-leaseback, with 6.5 years remaining on the current term.
The lease includes a stated base rent of $54,594, increasing to $60,054 next year, with a 10% rental increase continuing through the four, five-year tenant renewal options.
The property is identified for sale as a specialized restaurant NNN investment tied to the existing lease structure.
The lease includes a stated base rent of $54,594, increasing to $60,054 next year, with a 10% rental increase continuing through the four, five-year tenant renewal options.
The property is identified for sale as a specialized restaurant NNN investment tied to the existing lease structure.
Key Highlights
- Pizza Hut sale‑leaseback with a 15‑year triple‑net (NNN) lease and 6.5 years remaining
- Approximately 2,816 SF building on approximately 1.00 acre of land in Inman, South Carolina
- Base rent of $54,594 with $60,054 next year, including a 10% rental increase
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.5k | $30.72 |
| − Vacancy | −$12.6k | −$4.47 |
| EGI | $73.9k | $26.25 |
| − OpEx | −$18.5k | −$6.56 |
| NOI | $55.4k | $19.69 |
2,816 SF · lease $30.72/SF/yr · vacancy 14.55% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$792.0K
$693.0K – $924.0K
NOI $55,441 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.19M
$1.91M – $2.55M
NOI $153,029 @ 7.0% cap · market cap 18.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pizza Hut
Take-out & Catering
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Pizza Hut sale-leaseback property is subject to a 15-year NNN lease with 6.5 years remaining.
Where is this conventional restaurant located?
The property is located at 11093 Asheville Hwy Inman, SC.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Pizza Hut sale‑leaseback with a 15‑year triple‑net (NNN) lease and 6.5 years remaining; Approximately 2,816 SF building on approximately 1.00 acre of land in Inman, South Carolina; Base rent of $54,594 with $60,054 next year, including a 10% rental increase
