Pizza Hut NNN
New
For Sale
Contact for pricing
5041 Abbe Road North, Elyria, OH 44035
The restaurant is leased under a Triple Net agreement with scheduled annual rent increases.
Property Size2,890 SF
Lot Size0.99 Acres
Price / SF$517.95
Days on Market5
Property Features for 5041 Abbe Road North
General Information
Standard status
Active
Size
2,890 SF
Lot size
0.99 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
Listed By:
Kyle Karsian · License #NY 10401321452
Source:
Crexi
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 3:06PM
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 Pizza Hut restaurant contains approximately 2,890 rentable square feet on an estimated 0.99-acre parcel. Its Triple Net lease began 2/22/2022 and has a 20.03-year term, with annual increases of 1.75% beginning in Year 7.
Key Highlights
- Approximately 2,890 rentable square feet on an estimated 0.99‑acre parcel
- 20.03‑year Triple Net lease commenced 2/22/2022
- Annual rent increases of 1.75% start in Year 7
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
560k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Shops & Services 27%
Superstores 16%
Groceries 16%
Sam's Club
Superstores
89,943 visits/mo
0.4 miles
Giant Eagle Supermarket
Groceries
43,933 visits/mo
0.2 miles
Sam's Club Gas Station
Shops & Services
41,887 visits/mo
0.5 miles
Sheetz
Shops & Services
34,384 visits/mo
0.1 miles
Burlington
Apparel
28,202 visits/mo
0.5 miles
Demographics for 44035, OH
61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - The restaurant is leased under a Triple Net agreement with scheduled annual rent increases.
Where is this nnn property located?
The property is located at 5041 Abbe Road North Elyria, OH.
What is the asking price?
The asking price for this property is $1,496,889.
What are key features of this property?
This property features: Approximately 2,890 rentable square feet on an estimated 0.99‑acre parcel; 20.03‑year Triple Net lease commenced 2/22/2022; Annual rent increases of 1.75% start in Year 7
