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Restaurant

Pizza Hut

800 Main St, Jackson, OH 45640

Listing Price: $1,130,435

Cap Rate
5.75%
Tenant Name
Tasty Restaurant Group
Years Remaining On Lease
9.4
Guarantor
Franchisee Guarantee
Rentable SF
3,456
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.81

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Pizza Hut located at 800 Main Street in Jackson, Ohio. The site consists of roughly 3,456 rentable square feet of building space on estimated 0.12-acre parcel of land. This Pizza Hut is subject to an original 10-year absolute triple-net (NNN) lease, which commenced June 15th, 2022. The current annual rent is $65,000 and is scheduled to increase by 7.50% every 5 years throughout the base term and in each of the 4, 5-year renewal options.

Investment Highlights

  • 10-Year Absolute Triple Net (NNN) Lease – +/- 9.75 Years Remaining
  • Seven and One-Half Percent (7.50%) Annual Rental Increases
  • Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 30 Years

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Restaurant

Pizza Hut

Listing Price: $1,130,435

Cap Rate
5.75%
Tenant Name
Tasty Restaurant Group
Years Remaining On Lease
9.4
Guarantor
Franchisee Guarantee
Rentable SF
3,456
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.81

Investment Highlights

  • 10-Year Absolute Triple Net (NNN) Lease – +/- 9.75 Years Remaining
  • Seven and One-Half Percent (7.50%) Annual Rental Increases
  • Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 30 Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Pizza Hut located at 800 Main Street in Jackson, Ohio. The site consists of roughly 3,456 rentable square feet of building space on estimated 0.12-acre parcel of land. This Pizza Hut is subject to an original 10-year absolute triple-net (NNN) lease, which commenced June 15th, 2022. The current annual rent is $65,000 and is scheduled to increase by 7.50% every 5 years throughout the base term and in each of the 4, 5-year renewal options.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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