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Pizza Hut - Hemet, CA 25795 Stanford St 3,059 SF Retail Building Hemet, CA 92544 $921,600 ($301.27/SF) 6.25% Cap Rate
Executive Summary
ABSOLUTE NNN LEASE STRUCTURE
A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
BELOW REPLACEMENT COST RESTAURANT
Opportunity to acquire a fully built restaurant property at a price below current construction costs. The favorable basis offers built-in equity and supports a compelling long-term hold as new development expenses rise.
LONG-TERM OPERATING HISTORY
This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
OPTION PERIOD MARKET RENT ADJUSTMENT
The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
EXPERIENCED OPERATOR
This location is operated by a highly experienced Pizza Hut franchisee overseeing approximately 80 locations throughout California.
PERSONAL GUARANTY BY INDUSTRY VETERAN
Lease remaining term backed by an industry-leading franchise group with decades of operating history. The lease guarantor’s financial strength and operational expertise provide a secure guarantee on the lease.
SHADOW ANCHORED BY STANFORD PLAZA
Property is across from ±124,848 SF Stanford Plaza, a 100% leased neighborhood center anchored by Stater Bros. Markets.
INLAND EMPIRE GROWTH MARKET
Hemet is part of a rapidly expanding Inland Empire subregion with growing residential density and new housing construction supporting retail demand.
A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
BELOW REPLACEMENT COST RESTAURANT
Opportunity to acquire a fully built restaurant property at a price below current construction costs. The favorable basis offers built-in equity and supports a compelling long-term hold as new development expenses rise.
LONG-TERM OPERATING HISTORY
This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
OPTION PERIOD MARKET RENT ADJUSTMENT
The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
EXPERIENCED OPERATOR
This location is operated by a highly experienced Pizza Hut franchisee overseeing approximately 80 locations throughout California.
PERSONAL GUARANTY BY INDUSTRY VETERAN
Lease remaining term backed by an industry-leading franchise group with decades of operating history. The lease guarantor’s financial strength and operational expertise provide a secure guarantee on the lease.
SHADOW ANCHORED BY STANFORD PLAZA
Property is across from ±124,848 SF Stanford Plaza, a 100% leased neighborhood center anchored by Stater Bros. Markets.
INLAND EMPIRE GROWTH MARKET
Hemet is part of a rapidly expanding Inland Empire subregion with growing residential density and new housing construction supporting retail demand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,059 SF
Building Class
B
Year Built
1985
Price
$921,600
Price Per SF
$301.27
Cap Rate
6.25%
NOI
$57,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.65 AC
Opportunity Zone
Yes
Zoning
General Commercial (C-2)
Parking
50 Spaces (16.35 Spaces per 1,000 SF Leased)
Frontage
109’ on Stanford St
Amenities
- Restaurant
- Signalized Intersection
Fairly walkable
40/100
Very drivable
80/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 438-141-035 | Improvements Assessment | $861,484 |
| Land Assessment | $340,181 | Total Assessment | $1,201,665 |
Property Taxes
Parcel Number
438-141-035
Land Assessment
$340,181
Improvements Assessment
$861,484
Total Assessment
$1,201,665
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