Absolute NNN Pizza Hut
For Sale
Contact for pricing
211 High Street, Ellsworth, ME 04605
Absolute NNN Pizza Hut is leased on a new 5-year term with multiple extension options and annual 1% rental increases.
Property SizeContact for details
Days on Market120
Property Features for 211 High Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SRS Louisville
Listed By:
Sarah Shanks · License #271256
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 12:06AM
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 SRS Louisville
Investment Insights
Based on property information with market context.
This Pizza Hut investment property is offered as a fee simple ownership interest with an absolute NNN lease in place. The tenant, GC Pizza Hut, LLC (74-unit entity), is scheduled to sign a brand new 5-year lease with four 5-year options at the close of escrow. The lease includes annual 1.00% rental increases throughout the initial term and option periods.
The restaurant is located directly along US Highway 1/High Street, with reported traffic of 30,500 VPD, providing visibility along the primary retail thoroughfare through Ellsworth. The site is positioned between two shopping centers, with Maine Coast Mall anchored by Hannaford Supermarket and including T.J. Maxx, and Ellsworth Shopping Center anchored by Shaw’s grocery.
Additional retail draw in the immediate area includes Walmart Supercenter and Home Depot located less than a mile down U.S. Highway 1, supporting continued regional shopping activity within the 5-mile trade area described in the offering materials.
The restaurant is located directly along US Highway 1/High Street, with reported traffic of 30,500 VPD, providing visibility along the primary retail thoroughfare through Ellsworth. The site is positioned between two shopping centers, with Maine Coast Mall anchored by Hannaford Supermarket and including T.J. Maxx, and Ellsworth Shopping Center anchored by Shaw’s grocery.
Additional retail draw in the immediate area includes Walmart Supercenter and Home Depot located less than a mile down U.S. Highway 1, supporting continued regional shopping activity within the 5-mile trade area described in the offering materials.
Key Highlights
- Absolute NNN Pizza Hut investment in Ellsworth, ME with fee simple (land & building) ownership available
- Tenant GC Pizza Hut, LLC (74‑unit entity) to sign a brand‑new 5‑year lease with 4 (5‑year) options to extend at close of escrow
- Lease includes annual 1.00% rental increases throughout the initial term and option periods
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 04605, ME
13,651
Population
9,188
Households
1.5
Avg Household Size
47
Median Age
39%
College-Educated
96%
High-School Grad
265.4 sq mi
ZIP Area
51
Density / Sq Mi
$72,083
Median Household Income
$42,262
Median Earnings
$983
Median Rent
$230,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN Pizza Hut is leased on a new 5-year term with multiple extension options and annual 1% rental increases.
Where is this nnn property located?
The property is located at 211 High Street Ellsworth, ME.
What are key features of this property?
This property features: Absolute NNN Pizza Hut investment in Ellsworth, ME with fee simple (land & building) ownership available; Tenant GC Pizza Hut, LLC (74‑unit entity) to sign a brand‑new 5‑year lease with 4 (5‑year) options to extend at close of escrow; Lease includes annual 1.00% rental increases throughout the initial term and option periods
