Triple-Net Pizza
4356 LEIMERT BLVD Los Angeles, CA 90008
4356 LEIMERT BLVD, Los Angeles, CA, 90008
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For Sale
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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 Market14
Property Features for 4356 LEIMERT BLVD
General Information
- Standard status
- Active
- Size
- 1,859 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1991
Listing Agency
Marcus & Millichap - Indianapolis
Listed by
Jordan Klink · License #IN RB14043752
Source
Crexi
Added: Jul 8 Updated: Jul 11 at 2:26 am Checked: Jul 19 at 9:02 am
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
Location Intelligence
Current Use by Public Records
Pizza Hut
Take-out & Catering
Wing Street
Restaurant
Similar For Sale Nearby
FAQs
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
