Restaurant
Pizza Hut
800 Main St, Jackson, OH 45640
Listing Price: $1,130,435
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.
Listing Price: $1,130,435
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.
