1951 W Prospect Rd | Ashtabula, OH 44004
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1951 W Prospect Rd
Ashtabula, OH 44004
Pizza Hut - Ashtabula, OH · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Passive Income Opportunity With Approximately 18 Years Remaining on the Base Lease Term
- Leading Pizza Hut Franchisee With 120+ Locations Operated By SFR XI Holdings, LLC, and Guaranteed By SFR XI Holdings, LLC
- Pandemic, Recession and Internet Resistant Tenant, Providing a Secure and Passive Investment Opportunity
- Absolute NNN Lease With Annual Rent Increases (Starting March 1, 2028) Provides an Investor Strong Rental Growth
- Globally Recognized Restaurant Brand Pizza Hut, Part of the Yum! Brands Family, Operates Close to 20,000 Locations Globally; in 2023
- Ideal 1031 Exchange Opportunity Featuring a Low Price Point
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,306 SF
Building Class
C
Year Built/Renovated
1985/2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.67 AC
Zoning
Commercial - Retail Trade
PROPERTY TAXES
| Parcel Number | 480100005000 | Improvements Assessment | $118,230 |
| Land Assessment | $42,210 | Total Assessment | $160,440 |
PROPERTY TAXES
Parcel Number
480100005000
Land Assessment
$42,210
Improvements Assessment
$118,230
Total Assessment
$160,440
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