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PIZZA HUT - TOP RATED FRANCHISEE | NNN 311 E Lincolnway 2,626 SF Retail Building Minerva, OH 44657 $940,900 ($358.30/SF) 7.50% Cap Rate
Investment Highlights
- 16+ Year Absolute Net Lease (Zero Landlord Obligations) Featuring 1.75% Annual Rental Increases.
- SFR XI Holdings, LLC is One of the Largest Pizza Hut Franchisees, Operating more than 120+ Pizza Hut Restaurants.
- Employers such as PCC Airfoils, Minerva Dairy and MAC Trailer located in Close Proximity, anchor the Local Economy with Hundreds of Jobs.
- Property Sits Directly on U.S. Route 30 (Lincoln Highway), providing Excellent Visibility, steady Traffic Counts, and Convenient Regional Access.
- Nearby Minerva Municipal Park, Athletic Fields, and Youth Sports Facilities Generate Consistent Family Traffic Year-Round.
- Walking Distance from Numerous Schools including Minerva High, Middle, and Elementary Schools serving over 1,200 Students combined.
Executive Summary
Pizza Hut | 16+ Year Absolute Net Lease | 1.75% Annual Rental Increases | Top Rated Franchisee with 120+ Active Units | Along U.S. Route 30 - Major East–West Transportation Artery | Walking Distance from Numerous Schools | Near Parks, Athletic Fields & Youth Sports Facilities
Ohio Broker of Record: Michael Glass | 500 Neil Ave., Ste. 100 Columbus, OH 43215 | P: (614) 360-9800 | Lic. # BRK.2007005898 | Michael.Glass@MarcusMillichap.com
Ohio Broker of Record: Michael Glass | 500 Neil Ave., Ste. 100 Columbus, OH 43215 | P: (614) 360-9800 | Lic. # BRK.2007005898 | Michael.Glass@MarcusMillichap.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,626 SF
Building Class
C
Year Built
1969
Price
$940,900
Price Per SF
$358.30
Cap Rate
7.50%
NOI
$70,568
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.33 AC
Frontage
102’ on E LIncolnway
Amenities
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Pizza Hut
- Retailer
- 2,626 SF
- -
- Triple Net
- Feb 2042
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Pizza Hut | Retailer | 2,626 SF | - | Triple Net | Feb 2042 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $404,260 | |
| Land Assessment | $25,280 | Total Assessment | $429,540 |
Property Taxes
Parcel Numbers
Land Assessment
$25,280
Improvements Assessment
$404,260
Total Assessment
$429,540
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PIZZA HUT - TOP RATED FRANCHISEE | NNN | 311 E Lincolnway
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