Pizza Hut Absolute NNN
For Sale
Contact for pricing
380 S Mayo Trail, Pikeville, KY 41501
Freestanding restaurant leased under an absolute NNN structure with renewal options extending beyond the initial term.
Property Size3,744 SF
Lot Size0.50 Acres
Days on Market145
Property Features for 380 S Mayo Trail
General Information
Standard status
Active
Size
3,744 SF
Lot size
0.50 Acres
Property subtype
Retail
Additional Details
Gross Income
$54,000
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 9:56PM
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 property is a Pizza Hut restaurant comprising approximately 3,744 rentable square feet on an estimated 0.50-acre parcel. The building is occupied under an absolute triple-net lease that began June 15th, 2022, providing a defined lease structure for the initial term and subsequent options.
The agreement carries a 10-year base term, followed by 4 additional 5-year renewal options. Contractual rent increases are scheduled at 7.50% every 5 years during the base period and throughout each renewal option. The property is located at 380 S Mayo Trail in Pikeville, Kentucky.
The agreement carries a 10-year base term, followed by 4 additional 5-year renewal options. Contractual rent increases are scheduled at 7.50% every 5 years during the base period and throughout each renewal option. The property is located at 380 S Mayo Trail in Pikeville, Kentucky.
Key Highlights
- Pizza Hut restaurant with approximately 3,744 rentable square feet
- Estimated 0.50‑acre parcel
- Absolute triple‑net lease commenced June 15th, 2022
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
100k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 35%
Groceries 7%
Hotels & Casinos 2%
KFC
Dining
14,638 visits/mo
0.5 miles
Speedway
Shops & Services
14,256 visits/mo
0.4 miles
Family Dollar
Shops & Services
13,529 visits/mo
0.1 miles
Wendy's
Dining
13,008 visits/mo
0.4 miles
Pizza Hut
Dining
9,900 visits/mo
0.1 miles
Demographics for 41501, KY
22,636
Population
11,343
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
192.4 sq mi
ZIP Area
118
Density / Sq Mi
$44,719
Median Household Income
$35,310
Median Earnings
$873
Median Rent
$147,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding restaurant leased under an absolute NNN structure with renewal options extending beyond the initial term.
Where is this nnn property located?
The property is located at 380 S Mayo Trail Pikeville, KY.
What are key features of this property?
This property features: Pizza Hut restaurant with approximately 3,744 rentable square feet; Estimated 0.50‑acre parcel; Absolute triple‑net lease commenced June 15th, 2022
