Triple-Net Pizza
For Sale
$2,790,000
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 Market57
Property Features for 4356 Leimert Blvd
General Information
Standard status
Active
Size
1,859 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Business Included
Yes
Traffic Count
40,000 vehicles/day
Amenities
Institutional-Quality Net Lease Investment | Minutes from Downtown Los Angeles - Located in One of the Nation's Most Desirable and Supply-Constrained Commercial Real Estate Markets
Over 9.5 Years of Guaranteed Cash Flow - More than 9.5 Years of Firm Lease Term Remain with Southern California Pizza Company, California's Largest Pizza Hut franchisee
Rare Annual Rent Growth-The Lease Features Strong 1.50 Percent Annual Rent Increases Throughout Both the Base Term and All Three Renewal Options
Absolute Triple-Net Lease - A True Passive Investment with Tenant Responsible for Taxes, Insurance, Maintenance, Roof, Structure, Parking Lot, HVAC, and All Operating Expenses
Irreplaceable Infill Real Estate - Situated on a Signalized Hard Corner Within Historic Leimert Park Village, One of Los Angeles' Most Culturally Significant Districts
Building Details
Building Size
1,859 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Indianapolis
Listed By:
David Klink · License #License(s): IN: RB14049256
(317) 218-5324
Source:
Marcusmillichap
Added: Jul 10
Changed: Sep 4
Last Checked: Sep 4 at 2:29AM
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
Single-tenant
Tenancy
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
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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
