Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant Pizza Hut property located at 1165 Mentor Ave, Painesville, OH 44077. The 1,302 square foot building, constructed in 2008, sits on a 0.43-acre lot and enjoys a prime location at a busy, signalized intersection of Mentor Avenue (US Route 20) and OH-44, boasting high visibility and significant traffic counts (13.9 million annualized). The property is currently 100% occupied under an absolute NNN lease with a strong… franchisee guarantee (operator owns over 120 units nationwide). The 20-year lease, commencing February 22, 2022, and expiring February 28, 2042, has a remaining term of approximately 17.3 years. Rent increases of 1.75% annually are built in, starting in year seven, with six, five-year lease options extending the potential lease term to 2073. The asking price is $1,278,950, representing a price per square foot of $982.30 and a 6.00% cap rate with a current NOI of $76,737. The property benefits from its proximity to significant developments, including the new Lake Erie College dormitory, the Victoria Place renovation, and the Grand River Walk mixed-use development. The property is zoned R1. This is a passive income investment with minimal landlord responsibilities.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,195 SF
- Lot area
- 0.43 ac
- Year built
- 2008
- Stories
- 1
- APN
- 15-C-036-J-00-013-0
- Zoning
- R-1
- Assessed value · 2023
- $78,210
- Annual tax · 2023
- $7,830
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
R-1 Single Family Residential R1-60 Single Family Residential R-2 Multi-Family Residential B-1 Business/Residential B-2 General Business B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zo…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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