7 Poplar St Pittsburgh, PA 15205

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 11 Updated: Jul 23 at 1:10AM Checked: Jul 23 at 1:10AM

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Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present an exclusive listing for a Pizza Hut located at 7 Poplar Street in Pittsburgh, Pennsylvania. The site includes approximately 3,600 rentable square feet of building space on an estimated 0.49-acre parcel of land.

The property is leased under an original 20-year absolute triple-net (NNN) structure, with 16+ years remaining. Current annual rent is $55,154.00, with 2.00% annual rental increases beginning in Year 6. The lease also includes four, five-year tenant renewal options.

For investors seeking an absolute NNN restaurant asset, this offering combines a long remaining lease term with scheduled rent escalations and multiple renewal opportunities.

Key Highlights

• Pizza Hut at 7 Poplar Street, Pittsburgh, PA 15205 on an absolute triple‑net (NNN) lease
• ~3,600 rentable SF building on an estimated 0.49‑acre parcel
• 16+ years remaining on an original 20‑year lease term

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FAQs

What type of property is this?

Conventional restaurant - Pizza Hut on an absolute triple-net lease with 16+ years remaining on a 20-year term.

Where is this conventional restaurant located?

The property is located at 7 Poplar St Pittsburgh, PA.

What are key features of this property?

This property features: Pizza Hut at 7 Poplar Street, Pittsburgh, PA 15205 on an absolute triple‑net (NNN) lease; ~3,600 rentable SF building on an estimated 0.49‑acre parcel; 16+ years remaining on an original 20‑year lease term