Simaan Real Estate is pleased to exclusively offer the opportunity to acquire the 100% fee simple interest in an absolute net leased Pizza Hut, strategically located on US-92 (N. Woodland Boulevard) in Deland, Florida, 30 miles North of Orlando. The subject property is within Deland’s most dense retail corridor and has excellent exposure with convenient ingress/egress.
This investment property offers stable income with scheduled annual increases, supported by a strong tenant and a favorable retail submarket. Pizza Hut has successfully operated at this location for over 50 years with multiple lease extensions and the tenant recently replaced the roof, demonstrating their commitment to the property. The absolute NNN lease structure is very desirable for passive real estate investors looking for no landlord responsibilities.