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Pizza Hut NNN Property
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1502 Western Blvd, Tarboro, NC 27886

Pizza Hut property secured by a triple-net lease with multiple renewal options.

Property Size2,000 SF
Lot Size0.60 Acres
Days on Market143

Property Features for 1502 Western Blvd

General Information

Standard status Active
Size 2,000 SF
Lot size 0.60 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:02PM

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.

The offering includes a Pizza Hut restaurant property with approximately 2,000 rentable square feet on approximately 0.60 acres. The asset is structured under a triple-net lease that began July 18, 2018, providing an established lease framework for the property.

Located at 1502 Western Boulevard in Tarboro, North Carolina, the lease carries a 15-year initial term and includes four additional five-year renewal options. Annual increases are also provided under the lease terms.

Key Highlights

  • Pizza Hut restaurant property at 1502 Western Boulevard, Tarboro, NC 27886
  • Approximately 2,000 rentable square feet of building space
  • Approximately 0.60 acres of land

Property Analytics

Current Use

Pizza Hut Take-out & Catering

Suggested Use

Top Pick Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
99k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 59% Groceries 22% Shops & Services 14% Apparel 4%
Food Lion Grocery Store Groceries
22,146 visits/mo 0.4 miles
McDonald's Dining
21,225 visits/mo 0.1 miles
Taco Bell Dining
14,547 visits/mo 0.2 miles
Burger King Dining
13,744 visits/mo 0.3 miles
Roses Discount Store Shops & Services
9,066 visits/mo 0.3 miles

Demographics for 27886, NC

18,776
Population
8,916
Households
2.1
Avg Household Size
45
Median Age
19%
College-Educated
86%
High-School Grad
191.5 sq mi
ZIP Area
98
Density / Sq Mi
$51,180
Median Household Income
$38,019
Median Earnings
$751
Median Rent
$121,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Pizza Hut property secured by a triple-net lease with multiple renewal options.
Where is this nnn property located?
The property is located at 1502 Western Blvd Tarboro, NC.
What are key features of this property?
This property features: Pizza Hut restaurant property at 1502 Western Boulevard, Tarboro, NC 27886; Approximately 2,000 rentable square feet of building space; Approximately 0.60 acres of land
(332) 345-4222 Call to check price and availability
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