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Pizza Hut NNN Property
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814 Main Street, Presque Isle, ME 04769

Fee-simple restaurant property occupied under an absolute NNN lease with renewal options and annual rent increases.

Property SizeContact for details
Days on Market144

Property Features for 814 Main Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Pylon Signage Yes
Traffic Count 25,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: SRS Louisville
Listed By: Sarah Shanks · License #271256
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:19PM

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 SRS Louisville

Investment Insights

Based on property information with market context.

This fee-simple property includes the land and building occupied by Pizza Hut. The lease is structured as absolute NNN, with zero landlord responsibilities, a new 5-year initial term, four 5-year extension options, and 1.00% annual rent increases during the initial term and option periods. The lease is franchisee guaranteed by GC Pizza Hut, LLC, a 74-unit entity.

The restaurant sits at the signalized intersection of Main Street/US Highway 1 and Maysville Street/State Highway 163 in Presque Isle. The site benefits from a reported combined traffic volume of 25,000 vehicles daily, highway frontage, unobstructed corner exposure, and a clear pylon sign. It is positioned within the retail corridor near a Walmart Supercenter-anchored center, Graves' Supermarket-anchored center, and Aroostook Centre Mall. Northern Maine Community College is less than 2 miles west, while the 5-mile trade area has a population exceeding 9,600 and average household income of $59,000.

Key Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • New 5‑year initial term plus four 5‑year extension options
  • 1.00% annual rent increases during the initial term and option periods

Property Analytics

Current Use

Pizza Hut Take-out & Catering

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Dental Office Electrical Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 04769, ME

8,797
Population
4,568
Households
1.9
Avg Household Size
45
Median Age
27%
College-Educated
93%
High-School Grad
75.8 sq mi
ZIP Area
116
Density / Sq Mi
$57,396
Median Household Income
$38,091
Median Earnings
$875
Median Rent
$142,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fee-simple restaurant property occupied under an absolute NNN lease with renewal options and annual rent increases.
Where is this nnn property located?
The property is located at 814 Main Street Presque Isle, ME.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; New 5‑year initial term plus four 5‑year extension options; 1.00% annual rent increases during the initial term and option periods
More about this property
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