Pizza Hut Triple-Net
588 W Marion St Mount Gilead, OH 43338
588 W Marion St, Mount Gilead, OH, 43338
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For Sale
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Single-tenant Pizza Hut is leased on an absolute 20-year NNN term with scheduled annual rent increases.
Property Size2,521 SF
Lot Size2.67 Acres
Days on Market103
Property Features for 588 W Marion St
General Information
- Standard status
- Active
- Size
- 2,521 SF
- Lot size
- 2.67 Acres
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 1:32PM Checked: Jul 22 at 1:32PM
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.
Marcus & Millichap is pleased to present the exclusive listing for a Pizza Hut located at 588 W Marion St in Mount Gilead, Ohio. The property will include approximately 2,521 rentable square feet of building space on an estimated 2.67-acre parcel.
The Pizza Hut is subject to an absolute triple-net (NNN) lease with a 20-year initial term that commenced on 2/22/2022. Initial annual rent is $69,878, with scheduled increases of 1.75% annually starting in year seven of the base term and continuing through six (6), five-year renewal periods.
This offering is structured as a single-tenant, long-term NNN investment through the lease term and renewal periods.
The Pizza Hut is subject to an absolute triple-net (NNN) lease with a 20-year initial term that commenced on 2/22/2022. Initial annual rent is $69,878, with scheduled increases of 1.75% annually starting in year seven of the base term and continuing through six (6), five-year renewal periods.
This offering is structured as a single-tenant, long-term NNN investment through the lease term and renewal periods.
Key Highlights
- Single‑tenant Pizza Hut at 588 West Marion Rd, Mt. Gilead, OH 43338
- About 2,521 rentable SF building on an estimated 2.67‑acre parcel
- Absolute 20‑year triple‑net (NNN) lease commenced 2/22/2022
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Single-tenant Pizza Hut is leased on an absolute 20-year NNN term with scheduled annual rent increases.
Where is this conventional restaurant located?
The property is located at 588 W Marion St Mount Gilead, OH.
What are key features of this property?
This property features: Single‑tenant Pizza Hut at 588 West Marion Rd, Mt. Gilead, OH 43338; About 2,521 rentable SF building on an estimated 2.67‑acre parcel; Absolute 20‑year triple‑net (NNN) lease commenced 2/22/2022
