Property summary
This exceptional investment opportunity features a 2,266 square foot Pizza Hut located at 556 Main St, Wellsville, OH 43968. The property sits on a 0.28-acre lot and is subject to a 20-year absolute triple-net (NNN) lease, commencing February 22, 2022, and expiring February 28, 2042, with a remaining term of 17.3 years. The current annual rent is $65,000, representing a 6.00% capitalization rate. The lease includes six, five-year renewal options, extending the potential lease term to 50 years. Annual rent increases of 1.75% are scheduled to begin in year seven and continue through the renewal periods. The property boasts 100% occupancy and offers a strong, long-term investment with a guaranteed franchisee, SFR XI Holdings, LLC, operating approximately 120+ units. This is a rare opportunity to acquire a well-established, passively managed, income-producing asset in a stable market. The property is currently operating at full occupancy, providing immediate cash flow and significant long-term growth potential. This is an ideal addition to any diversified real estate portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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