Free-Standing Pizza
2007 E 38th St Erie, PA 16510
2007 E 38th St, Erie, PA, 16510
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For Sale
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Free-standing Pizza Hut NNN with sale-leaseback available, featuring a 10-year primary term and renewal options.
Days on Market104
Property Features for 2007 E 38th St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Bennett Williams Commercial
(717) 843-5555
Listed by
Chad Stine · License #PA RS223285L
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 10:55PM Checked: Jul 21 at 10:55PM
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 Bennett Williams Commercial
Investment Insights
Based on property information with market context.
Free-standing Pizza Hut NNN offered for sale with a sale-leaseback available. The lease structure includes a 10-year primary term with three (3) five (5) year renewal options.
Rental payments are stated as $42,000 per year for Years 1–10 under the primary term. Renewal option rent is listed as $44,100 per year for Years 11–15 (Opt #1), $46,305 per year for Years 16–20 (Opt #2), and $48,620 per year for Years 21–25 (Opt #3).
The offering is described as a multi-unit operator arrangement under the provided terms, with NNN rent payments outlined for each lease period.
Rental payments are stated as $42,000 per year for Years 1–10 under the primary term. Renewal option rent is listed as $44,100 per year for Years 11–15 (Opt #1), $46,305 per year for Years 16–20 (Opt #2), and $48,620 per year for Years 21–25 (Opt #3).
The offering is described as a multi-unit operator arrangement under the provided terms, with NNN rent payments outlined for each lease period.
Key Highlights
- Free‑standing Pizza Hut NNN with sale‑leaseback available in Erie, PA
- 10‑year primary lease term with three 5‑year renewal options
- Lease payments: Years 1–10 at $42,000/year NNN
Property Analytics
Location Intelligence
Current Use by Public Records
Taco Bell
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Free-standing Pizza Hut NNN with sale-leaseback available, featuring a 10-year primary term and renewal options.
Where is this nnn property located?
The property is located at 2007 E 38th St Erie, PA.
What are key features of this property?
This property features: Free‑standing Pizza Hut NNN with sale‑leaseback available in Erie, PA; 10‑year primary lease term with three 5‑year renewal options; Lease payments: Years 1–10 at $42,000/year NNN
