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795 Youngstown Warren Rd Niles, OH 44446

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NNN leased Pizza Hut with annual rental increases.

Property size:
2,940 SF
Lot size:
1.31 Acres

Property Features for 795 Youngstown Warren Rd

General Information

Size
2,940 SF
Lot size
1.31 Acres

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Listing Contact
Howard Curd
Howard Curd
Source: Moodyscre

Listing Agency: NNN Pro Group Listing Agent: Howard Curd

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Pizza Hut Investment Opportunity

This property features a Pizza Hut located at 795 Y’town-Warren Rd, Niles, OH 44446. The site includes approximately 2,940 rentable square feet of building space on an estimated 1.44-acre parcel of land. The Pizza Hut is subject to a 20-year absolute triple-net (NNN) lease that commenced on 2/22/2022. The initial annual rent is $84,401, with scheduled increases of one-and-three-quarters percent (1.75%) annually starting year seven (7) of the base term and continuing through six (6), five (5)-year renewal periods. The lease includes six (6) five (5)-year tenant renewal options, potentially extending the lease term to 50 years. The lease is franchisee guaranteed by SFR XI Holdings, LLC, which operates approximately 120+ units.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Pizza Hut Take-out & Catering Wing Street Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Niles
County
Trumbull
State
Ohio
Longitude
-80.7281687
Latitude
41.1966567

FAQs

What type of property is this?
Turn key restaurant - NNN leased Pizza Hut with annual rental increases.
Where is this turn key restaurant located?
The property is located at 795 Youngstown Warren Rd Niles, OH.
What are key features of this property?
This property features: - 20-Year Absolute Triple-Net (NNN) Lease commenced 2/22/2022.; - Franchisee Guarantee from SFR XI Holdings, LLC (120+ Units).; - Six (6), Five (5)-Year Tenant Renewal Options (Potential 50-Year Lease Term).
(332) 345-4339 Call to check price and availability
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