Free-Standing Pizza Hut
400 S Hermitage Rd Hermitage, PA 16148
400 S Hermitage Rd, Hermitage, PA, 16148
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For Sale
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NNN sale leaseback featuring a 15-year primary term and three renewal options.
Days on Market105
Property Features for 400 S Hermitage Rd
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 23 at 3:11AM Checked: Jul 23 at 3:11AM
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.
This free-standing Pizza Hut is offered as an NNN sale leaseback. The lease structure includes a 15-year primary term with three (3) five (5) year renewal options. Reported NNN rent during Years 1–15 is $80,000 per year.
Future option years are reported as follows: Years 16–20 at $82,000 per year, Years 21–25 at $84,050 per year, and Years 26–30 at $86,151.25 per year. The property is located at 400 S Hermitage Rd, Hermitage, PA 16148.
For investors or operator-backed buyers evaluating long-term income certainty, the described primary term and staged renewal rent schedule provide a defined lease timeline through the 30-year period.
Future option years are reported as follows: Years 16–20 at $82,000 per year, Years 21–25 at $84,050 per year, and Years 26–30 at $86,151.25 per year. The property is located at 400 S Hermitage Rd, Hermitage, PA 16148.
For investors or operator-backed buyers evaluating long-term income certainty, the described primary term and staged renewal rent schedule provide a defined lease timeline through the 30-year period.
Key Highlights
- Free‑standing Pizza Hut NNN sale leaseback in Hermitage, PA
- 15‑year primary lease term with three (3) five‑year renewal options
- Lease annual NNN amount: Years 1–15 at $80,000/year
Property Analytics
Location Intelligence
Current Use by Public Records
Wingstreet
Restaurant
Pizza Hut
Take-out & Catering
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FAQs
What type of property is this?
Conventional restaurant - NNN sale leaseback featuring a 15-year primary term and three renewal options.
Where is this conventional restaurant located?
The property is located at 400 S Hermitage Rd Hermitage, PA.
What are key features of this property?
This property features: Free‑standing Pizza Hut NNN sale leaseback in Hermitage, PA; 15‑year primary lease term with three (3) five‑year renewal options; Lease annual NNN amount: Years 1–15 at $80,000/year