Pizza Hut Absolute NNN
For Sale
$1,393,800
1860 W Ramsey St, Banning, CA 92220
Operating restaurant with dine-in, carry-out, and delivery service.
Property Size2,973 SF
Days on Market68
Property Features for 1860 W Ramsey St
General Information
Standard status
Active
Size
2,973 SF
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Building Size
2,973 SF
Listing Agency:
CBRE - Orange County
(512) 400-0458
Listed By:
Parker Carroll, CCIM · License #TX #574702
Source:
Trekig
Added: Jun 25
Changed: Aug 30
Last Checked: Aug 30 at 11:41PM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
This Pizza Hut property at 1860 W Ramsey St in Banning operates with dine-in, carry-out, and delivery formats. The location has housed a Pizza Hut since 1986, with the current operator in place since 2012. Southern PacPizza, which manages 24 units across Southern California and operates 77 locations within its franchise group, serves as operator and lease guarantor.
The property is positioned along West Ramsey Street, identified as Banning’s primary east-west corridor, with nearby Dollar General, Starbucks, and McDonald’s locations contributing to a concentrated quick-service retail setting. The restaurant is subject to a 15.5-year absolute NNN lease scheduled to expire in March 2041. Contractual rent increases of 10% every 5 years are included during the initial lease term.
The property is positioned along West Ramsey Street, identified as Banning’s primary east-west corridor, with nearby Dollar General, Starbucks, and McDonald’s locations contributing to a concentrated quick-service retail setting. The restaurant is subject to a 15.5-year absolute NNN lease scheduled to expire in March 2041. Contractual rent increases of 10% every 5 years are included during the initial lease term.
Key Highlights
- 15.5‑year absolute NNN lease expires March 2041
- 10% contractual increases every 5 years
- Pizza Hut has operated at the site since 1986
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
Explore this area
Business Placement
Demographics for 92220, CA
32,947
Population
13,258
Households
2.5
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
141.3 sq mi
ZIP Area
233
Density / Sq Mi
$59,116
Median Household Income
$35,428
Median Earnings
$1,499
Median Rent
$324,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Operating restaurant with dine-in, carry-out, and delivery service.
Where is this nnn property located?
The property is located at 1860 W Ramsey St Banning, CA.
What is the asking price?
The asking price for this property is $1,393,800.
What are key features of this property?
This property features: 15.5‑year absolute NNN lease expires March 2041; 10% contractual increases every 5 years; Pizza Hut has operated at the site since 1986
