Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    NNN Pizza Hut For Sale Title is generated by Realmo AI

    311 E Lincoln Way, Minerva, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    NNN Pizza Hut with 1.75% annual rent increases.

    Type:RETAIL
    Lot size:
    0.31 Acres
    Added:
    Nov 6, 2025
    Days on Market:
    193
    Last Refresh:
    Apr 5 at 10:27 pm

    Property Features for 311 E Lincoln Way

    General Information

    Standard status
    Active
    Lot size
    0.31 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Alvin Mansour

    Listing agent Alvin Mansour

    Listing office Mansour Group

    Listing date Nov 6, 2025

    Source Moodyscre

    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 Mansour Group

    HighLights

    • Absolute Net Lease with 1.75% Annual Rental Increases Starting in 2028.
    • Located Directly on U.S. Route 30 with Excellent Visibility and High Traffic Counts.
    • Tenant is a Large Pizza Hut Franchisee (120+ Restaurants).
    • Walking Distance to Minerva Schools (1,200+ Students).
    • Proximity to Minerva Municipal Park and Athletic Fields.
    • Close Proximity to Major Employers (PCC Airfoils, Minerva Dairy, MAC Trailer).

    Overview

    This property features a 16+ year absolute net lease with zero landlord obligations. Starting in year 2028, the lease includes 1.75% annual rental increases through the remainder of the initial term and extension options. The property is located directly on U.S. Route 30 (Lincoln Highway), providing excellent visibility, steady traffic counts, and convenient regional access connecting Minerva to surrounding Stark and Carroll County communities. SFR XI Holdings, LLC, one of the largest Pizza Hut franchisees, operates more than 120+ Pizza Hut Restaurants across Ohio, Pennsylvania, Indiana and West Virginia. The location is within walking distance of Minerva High, Middle, and Elementary Schools, serving over 1,200 students combined, along with faculty and parents, driving weekday dining demand and repeat visitation from families. Nearby Minerva Municipal Park, athletic fields, and youth sports facilities generate consistent family traffic year-round, particularly evenings and weekends, creating steady dining demand after practices, games, and tournaments. Employers such as PCC Airfoils, Minerva Dairy and MAC Trailer are located in close proximity, anchoring the local economy with hundreds of jobs, supporting strong daytime dining demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NNN properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Skin Care Clinic Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minerva
    County
    Stark
    State
    Ohio
    Longitude
    -81.101
    Latitude
    40.7303

    Nearby Similar for Sale

    • $499,900

      Minerva, Ohio Commercial Building

      Turnkey business opportunity on high-visibility corridor with existing fixtures.
      726 E Lincoln Way, Minerva, OH 44657
      View Details
    • $119,900
      3,050 SF

      Versatile Minerva Property with Warehouse

      Unique property with duplex/triplex potential and warehouse space.
      91 Union Avenue SE, Minerva, OH 44657
      View Details
    • $2,400,000

      Minerva, OH Commercial Opportunity

      Beverage drive-thru, restaurant, and banquet facility for sale.
      317 E Lincolnway Way, Minerva, OH 44657
      View Details
    • $119,900

      Versatile Commercial Property in Minerva

      Unique commercial property with duplex/triplex potential and high visibility.
      91 Union Avenue SE, Minerva, OH 44657
      View Details
    • $275,000
      9,032 SF

      Spacious Building on Nearly 3 Acres

      8000 sq ft building on almost 3 acres.
      16310 Lisbon St SE, Minerva, OH
      View Details
    • $460,000

      Self-Storage Units on 2.82 Acres

      Fenced self-storage facility with expansion potential near St. Rt. 183.
      16410 Bayard St, Minerva, OH 44657
      View Details
    • $149,900
      4,160 SF

      Downtown Minerva Mixed-Use Investment

      Versatile mixed-use building with commercial and residential spaces.
      212 N Market Street, Minerva, OH 44657
      View Details

    FAQs

    What type of property is this?
    NNN property - NNN Pizza Hut with 1.75% annual rent increases.
    Where is this nnn property located?
    The property is located at 311 E Lincoln Way Minerva, OH.
    What is the asking price?
    The asking price for this property is $940,900.
    What are key features of this property?
    This property features: Absolute Net Lease with 1.75% Annual Rental Increases Starting in 2028.; Located Directly on U.S. Route 30 with Excellent Visibility and High Traffic Counts.; Tenant is a Large Pizza Hut Franchisee (120+ Restaurants).
    (858) 373-3187 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Alvin Mansour
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    311 E Lincoln Way, Minerva, OH
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!