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Restaurant

Pizza Hut | Strong Unit-Level Sales

530 Church St, Georgetown (Myrtle Beach MSA), SC 29440

Listing Price: $1,560,000

Cap Rate
5.50%
Tenant Name
Pizza Hut
Years Remaining On Lease
9.0
Guarantor
Franchisee Guarantee
Rentable SF
2,295
Lease Type
Absolute Net
Rent Per Square Feet
$37.39

Investment Overview

Marcus & Millichap is pleased to present the Pizza Hut in Germantown, SC.

Investment Highlights

  • 9 Years Remaining with 10% Increases Every 5 Years
  • Absolute NNN Lease with No Landlord Responsibilities
  • Strong Unit-Level Sales and Almost Double the National Average, 6.2% Rent-to-Sales Ratio
  • Tenant has Operated at this Location for 34 Years
  • Lease Guaranteed by Southeast Restaurants Corporation, an Experienced 40+ Unit Pizza Hut Operator
  • Pizza Hut is the World's Largest Pizza Chain with $11.95 Billion in Revenue and is a Subsidiary of Yum! Brands

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Listing Price: $1,560,000

Cap Rate
5.50%
Tenant Name
Pizza Hut
Years Remaining On Lease
9.0
Guarantor
Franchisee Guarantee
Rentable SF
2,295
Lease Type
Absolute Net
Rent Per Square Feet
$37.39

Investment Highlights

  • 9 Years Remaining with 10% Increases Every 5 Years
  • Absolute NNN Lease with No Landlord Responsibilities
  • Strong Unit-Level Sales and Almost Double the National Average, 6.2% Rent-to-Sales Ratio
  • Tenant has Operated at this Location for 34 Years
  • Lease Guaranteed by Southeast Restaurants Corporation, an Experienced 40+ Unit Pizza Hut Operator
  • Pizza Hut is the World's Largest Pizza Chain with $11.95 Billion in Revenue and is a Subsidiary of Yum! Brands

Investment Overview

Marcus & Millichap is pleased to present the Pizza Hut in Germantown, SC.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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