For sale
Turn key restaurants
OH
Akron
2665 Manchester Rd

Pizza Hut in Akron, OH

2665 Manchester Rd, Akron, OH

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For Sale

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NNN leased Pizza Hut with long-term lease and annual rent.

Type:RETAIL

Property size:

3,029 SF

Lot size:

0.86 Acres

Price / SF:

$469/SF

HighLights

20‑year absolute triple‑net (NNN) lease commenced on 2/22/2022.
Initial annual rent of $88,826.
Annual rent increases of 1.75% starting year seven (7) of the base term.
Six (6), five (5)-year renewal periods.
Located on a 0.80‑acre parcel of land.
Building size of roughly 3,029 rentable square feet.

We can help!

Listing Contact

Glen Kunofsky

For Sale

Contact for pricing

NNN leased Pizza Hut with long-term lease and annual rent.

Type:RETAIL

Property size:

3,029 SF

Lot size:

0.86 Acres

Price / SF:

$469/SF

Added:: Sep 5, 2023
Days on Market:: 1010
Last Refresh:: May 20 at 8:47 pm

Property Features for 2665 Manchester Rd

General Information

Standard status: Active
Size: 3,029 SF
Lot size: 0.86 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Glen Kunofsky

Listing agent Alex Sharrin License #49KU1129178

Listing office NNN Pro Group

Listing date Sep 5, 2023

Source Moodyscre

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 NNN Pro Group

HighLights

20‑year absolute triple‑net (NNN) lease commenced on 2/22/2022.
Initial annual rent of $88,826.
Annual rent increases of 1.75% starting year seven (7) of the base term.
Six (6), five (5)-year renewal periods.
Located on a 0.80‑acre parcel of land.
Building size of roughly 3,029 rentable square feet.

Overview

The property is a Pizza Hut located at 2665 Manchester Rd, Akron, OH 44319. It features approximately 3,029 square feet of building space on an estimated 0.80-acre parcel of land. The Pizza Hut is subject to a 20-year absolute triple-net (NNN) lease that commenced on 2/22/2022. The initial annual rent is $88,826, with scheduled increases of 1.75% annually starting in year seven of the base term and continuing through six, five-year renewal periods. The property is intended for use as a restaurant.

Property Profile Location Intelligence

Current Use by Public Records

Pizza Hut Take-out & Catering

Suggested Use

Location Insight

Map
Local Demand

City: Akron
County: Summit
State: Ohio
Longitude: -81.5477
Latitude: 41.0258

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For sale
Turn key restaurants
OH
Akron
2665 Manchester Rd

What type of property is this?

Turn key restaurant - NNN leased Pizza Hut with long-term lease and annual rent.

Where is this turn key restaurant located?

The property is located at 2665 Manchester Rd Akron, OH.

What is the asking price?

The asking price for this property is $1,421,210.

What are key features of this property?

This property features: 20‑year absolute triple‑net (NNN) lease commenced on 2/22/2022.; Initial annual rent of $88,826.; Annual rent increases of 1.75% starting year seven (7) of the base term.

2665 Manchester Rd, Akron, OH

NNN leased Pizza Hut with long-term lease and annual rent.

Property Features for 2665 Manchester Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Building in East Market

Turnkey Restaurant with Expansion Potential

Well-Maintained Akron Three-Unit Building

Updated Duplex with Two-Car Garages

Luxury Duplex with Income Potential

Updated Duplex in Portage Lakes

Akron Brick Triplex with Garage

Two-Duplex Rental Bundle

Renovated Duplex with Separate Utilities

Akron Commercial Building For Sale

Updated Akron Duplex Investment Opportunity

Well-Maintained Akron Multifamily Opportunity

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