795 Youngstown Warren Rd Niles, OH 44446
For Sale
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This exceptional investment opportunity presents a 2,940-square-foot Pizza Hut located at 795 Youngstown Warren Rd, Niles, OH 44446, on a 1.44-acre lot. The property is subject to a 20-year absolute triple-net (NNN) lease, commencing February 22, 2022, and expiring February 27, 2042, with a remaining term of 17.3 years. The current annual net operating income (NOI) is $88,401, representing a 6.00% cap rate and a price per square foot of $501.14. The lease includes annual rent increases of 1.75% starting March 1, 2028, and six five-year tenant renewal options, potentially extending the lease term to 50 years. The franchisee, SFR XI Holdings, LLC, operates approximately 120+ units, providing a strong guarantee. This offering presents a secure, long-term investment with significant upside potential due to the established brand, favorable lease terms, and consistent rental income growth. The property is currently 100% occupied. The asking price for this exceptional investment is $1,473,342.
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Pizza Hut Take-out & Catering
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Wing Street Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.