Triple-Net Pizza
For Sale
Contact for pricing
4356 LEIMERT BLVD, Los Angeles, CA 90008
Absolute triple-net leased Pizza Hut/WingStreet with 9.5+ years remaining and 1.50% annual rental increases.
Property Size1,859 SF
Price / SF$1,500
Days on Market49
Property Features for 4356 LEIMERT BLVD
General Information
Standard status
Active
Size
1,859 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$132,604
Additional Details
Business Included
Yes
Traffic Count
40,000 vehicles/day
Building Details
Year Built
1991
Stories
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5316
Listed By:
Jordan Klink · License #IN RB14043752
Source:
Crexi
Added: Jul 8
Changed: Aug 25
Last Checked: Aug 24 at 11:42AM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This offering features an absolute triple-net leased Pizza Hut/WingStreet. The firm lease term exceeds 9.5 years, with three (3) five-year renewal options. Rental increases are structured at 1.50% annually throughout the remaining base term and each renewal option, designed to support consistent income growth.
The tenant is responsible for all operating expenses, with zero landlord responsibilities. The property is positioned on a signalized hard corner on Crenshaw Boulevard, which the remarks describe as carrying over 40,000 VPD, and is noted as being within walking distance to the Metro K-line.
The operator is Southern California Pizza Company, identified in the remarks as the largest California Pizza Hut franchisee, operating nearly 300 locations. The asset is presented as a net lease investment at 4356 Leimert Blvd, Los Angeles, CA.
The tenant is responsible for all operating expenses, with zero landlord responsibilities. The property is positioned on a signalized hard corner on Crenshaw Boulevard, which the remarks describe as carrying over 40,000 VPD, and is noted as being within walking distance to the Metro K-line.
The operator is Southern California Pizza Company, identified in the remarks as the largest California Pizza Hut franchisee, operating nearly 300 locations. The asset is presented as a net lease investment at 4356 Leimert Blvd, Los Angeles, CA.
Key Highlights
- Absolute triple‑net leased Pizza Hut/WingStreet with 9.5+ years remaining on the firm lease term
- 1.50% annual rental increases throughout the remaining base term and each of three (3) five‑year renewal options
- Tenant responsible for operating expenses with zero landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,957
Businesses Nearby
Explore this area
Business Placement
Demographics for 90008, CA
33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute triple-net leased Pizza Hut/WingStreet with 9.5+ years remaining and 1.50% annual rental increases.
Where is this nnn property located?
The property is located at 4356 LEIMERT BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Absolute triple‑net leased Pizza Hut/WingStreet with 9.5+ years remaining on the firm lease term; 1.50% annual rental increases throughout the remaining base term and each of three (3) five‑year renewal options; Tenant responsible for operating expenses with zero landlord responsibilities
