2665 Manchester Rd Akron, OH 44319-1062

This exceptional investment opportunity presents a 3,029 square foot Pizza Hut located at 2665 Manchester Rd, Akron, OH 44319, situated on a 0.8-acre lot. The property is subject to a 20-year absolute triple-net (NNN) lease, commencing February 22, 2022, and expiring February 27, 2042, leaving 17.3 years remaining. The current annual net operating income (NOI) is $88,826, representing a 6.00% cap rate and a price per square foot of $488.75. The lease includes six, five-year tenant renewal options, extending the potential lease term to 50 years. Annual rent increases of 1.75% are scheduled to begin in year seven. The franchisee, SFR XI Holdings, LLC, operates approximately 120+ units, providing a strong guarantee. This is a 100% occupied, single-tenant property offering a secure, long-term investment with significant upside potential. The property is currently operating as a successful Pizza Hut restaurant, benefiting from its established location and brand recognition. This is a rare opportunity to acquire a high-performing, passively managed investment with a proven track record. The property's strong financial performance, coupled with the long-term lease and built-in rent escalations, makes it an attractive investment for both seasoned and new investors seeking stable returns in the commercial real estate market.