Pizza Hut | Absecon, NJ 08205
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Pizza Hut
Absecon, NJ 08205
True NNN- Rare Nj Asset- Small Price Point · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Absolute NNN Lease (Fee Simple) with Pizza Hut- Part of YUM Bands! (NYSE: YUM)- 10+ Yrs.
- 2 Strong Guarantees by PCF Restaurant Group (20+ Unit Operator) – Strong Sales with Low RTS Ratio
- City is Part of Largest Township in New Jersey- Across from new Hotel Development- Path of Growth
- RARE East Coast Infill Trade Area near Atlantic City- Over 111M Visitors Came to New Jersey in 2018
- RARE 1.50% Annual Bumps or 1.25 CPI- Zero LL Duties- Smaller Price Point for National Brand Tenant
- Iconic American Name Brand- Rare Bite Size- Ability to Generate High Leveraged Cash on Cash Returns
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,675 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.82 AC
Zoning
CH
Parking
35 Spaces (9.52 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
ABOUT PIZZA HUT , ABSECON, NJ 08205
We are pleased to present to qualified investors an opportunity to purchase (fee simple) an absolute NNN single tenant Pizza Hut with approximately 10 years remaining on the lease, 1.50% annual rental increases and 4, 5 year option periods. Positioned on White Horse Pike, the subject property is located on one of the main East/West thoroughfares leading from Atlantic City Airport to the highly visited tourist and resort destination of Atlantic City.
PROPERTY TAXES
| Parcel Number | 11-00916-0000-00002 | Improvements Assessment | $258,700 |
| Land Assessment | $252,500 | Total Assessment | $511,200 |
PROPERTY TAXES
Parcel Number
11-00916-0000-00002
Land Assessment
$252,500
Improvements Assessment
$258,700
Total Assessment
$511,200
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