Pizza Hut Triple-Net
For Sale
Contact for pricing
7 Poplar St, Pittsburgh, PA 15205
Pizza Hut on an absolute triple-net lease with 16+ years remaining on a 20-year term.
Property Size3,600 SF
Lot Size0.49 Acres
Days on Market132
Property Features for 7 Poplar St
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.49 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 11:34AM
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.
Marcus & Millichap is pleased to present an exclusive listing for a Pizza Hut located at 7 Poplar Street in Pittsburgh, Pennsylvania. The site includes approximately 3,600 rentable square feet of building space on an estimated 0.49-acre parcel of land.
The property is leased under an original 20-year absolute triple-net (NNN) structure, with 16+ years remaining. Current annual rent is $55,154.00, with 2.00% annual rental increases beginning in Year 6. The lease also includes four, five-year tenant renewal options.
For investors seeking an absolute NNN restaurant asset, this offering combines a long remaining lease term with scheduled rent escalations and multiple renewal opportunities.
The property is leased under an original 20-year absolute triple-net (NNN) structure, with 16+ years remaining. Current annual rent is $55,154.00, with 2.00% annual rental increases beginning in Year 6. The lease also includes four, five-year tenant renewal options.
For investors seeking an absolute NNN restaurant asset, this offering combines a long remaining lease term with scheduled rent escalations and multiple renewal opportunities.
Key Highlights
- Pizza Hut at 7 Poplar Street, Pittsburgh, PA 15205 on an absolute triple‑net (NNN) lease
- ~3,600 rentable SF building on an estimated 0.49‑acre parcel
- 16+ years remaining on an original 20‑year lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15205, PA
23,594
Population
12,241
Households
1.9
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
2,017
Density / Sq Mi
$70,954
Median Household Income
$47,785
Median Earnings
$1,166
Median Rent
$171,500
Median Home Value
Market
Vacancy Rate% for Retail in Pittsburgh, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Pizza Hut on an absolute triple-net lease with 16+ years remaining on a 20-year term.
Where is this conventional restaurant located?
The property is located at 7 Poplar St Pittsburgh, PA.
What are key features of this property?
This property features: Pizza Hut at 7 Poplar Street, Pittsburgh, PA 15205 on an absolute triple‑net (NNN) lease; ~3,600 rentable SF building on an estimated 0.49‑acre parcel; 16+ years remaining on an original 20‑year lease term
