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1401 66th Ave
Philadelphia, PA 19126
Pizza Hut · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,120 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.67 AC
Zoning
CMX2.5 - Permitted Uses: Sit-down restaurant, medical marijuana dispensary, prepared food shop, pet supplies, wearing apparel and accessories, personal service
Parking
30 Spaces (9.62 Spaces per 1,000 SF Leased)
Frontage
164’ on N Broad Street

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Air Conditioning

ABOUT 1401 66TH AVE , PHILADELPHIA, PA 19126

Colliers International is pleased to present for sale a Pizza Hut portfolio of single tenant, net leased, sale leaseback properties located in and around Philadelphia, PA. The sponsor for these assets is the Rohan Group Pizza Hut locations in Pennsylvania. The current offerings can be bought individually or as a portfolio. The proceeds from this sale will be used to retire debt and free capital for further investment in the business. Rohan Group has operated these stores for more than 20 years and there is a long operating history at a number of these locations. INVESTMENT HIGHLIGHTS Absolute NNN Lease with no landlord responsibilities Long term operation of most sites Strong EBIDTA Dense urban market Phenomenal brand recognition

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
882041400
Land Assessment
$982,800
Improvements Assessment
$421,200
Total Assessment
$1,404,000
  • Listing ID: 13693975

  • Date on Market: 9/4/2018

  • Last Updated:

  • Address: 1401 66th Ave, Philadelphia, PA 19126

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