Pizza Hut
For Sale
$700,000
3036 Freeport Rd, Natrona Heights, PA 15065
Leased restaurant property with scheduled rent increases in 2027 and 2030.
Property Size2,750 SF
Days on Market187
Property Features for 3036 Freeport Rd
General Information
Standard status
Active
Size
2,750 SF
Property subtype
Commercial
Lease Term
7
Net Operating Income
$44,000
Building Details
Building Size
2,750 SF
Listing Agency:
Matthews Real Estate Investment Services | Dallas
Listed By:
Davis Johnson · License #814048 (TX)
(972) 636-5715
Source:
Matthews
Added: Apr 13
Changed: Oct 8
Last Checked: Oct 16 at 5:38AM
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 Matthews Real Estate Investment Services | Dallas
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Investment Insights
Based on property information with market context.
This conventional restaurant property operates under the Pizza Hut brand at 3036 Freeport Road in Natrona Heights, Pennsylvania. The lease provides for scheduled rental increases under a non-incremental structure, including a 5.11% adjustment in 2027 and a 4.86% adjustment in 2030.
The franchisee is a subsidiary of Quality Restaurant Group, which operates around 200 Pizza Hut units. Additional information regarding the guarantor and lease structure is available through the listing agents.
The franchisee is a subsidiary of Quality Restaurant Group, which operates around 200 Pizza Hut units. Additional information regarding the guarantor and lease structure is available through the listing agents.
Key Highlights
- Pizza Hut‑branded conventional restaurant at 3036 Freeport Road
- 5.11% rent increase scheduled for 2027
- 4.86% rent increase scheduled for 2030
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,275
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,500
$545.5K
Cap Rate 7%
$389,643
$389.6K
Cap Rate 9%
$303,056
$303.1K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$38.3K $13.92/SF
− Vacancy
−$1.9K −$0.70/SF
EGI
$36.4K $13.22/SF
− OpEx
−$9.1K −$3.31/SF
NOI
$27.3K $9.92/SF
Area
Allegheny County, PA
Vacancy
5.00%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,500
Cap Rate 7%
$389,643
Cap Rate 9%
$303,056
Alternative Uses
Best Use
Specialty Retail
$389.6K
$340.9K – $454.6K
NOI $27,275 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.5K
$612.9K – $817.2K
NOI $49,033 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15065, PA
11,158
Population
5,754
Households
1.9
Avg Household Size
46
Median Age
28%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
893
Density / Sq Mi
$66,838
Median Household Income
$45,817
Median Earnings
$770
Median Rent
$147,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Leased restaurant property with scheduled rent increases in 2027 and 2030.
Where is this conventional restaurant located?
The property is located at 3036 Freeport Rd Natrona Heights, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Pizza Hut‑branded conventional restaurant at 3036 Freeport Road; 5.11% rent increase scheduled for 2027; 4.86% rent increase scheduled for 2030
