16848 St Clair Ave - Restaurant FOR SALE


East Liverpool, OH 43920
$1,666,667 USD
918-794-9536
16848 St Clair Ave, East Liverpool, OH for Sale
$1,666,667 USD
Restaurant - FOR SALE
1/3
null | 6% Cap Rate

16848 St Clair Ave
East Liverpool, OH 43920


HIGHLIGHTS

  • Globally Recognized Restaurant Brand and Top Pizza Hut Franchise Operator (120+ Units)
  • Top 10% Performing Store in the Nation and Absolute NNN Lease
  • ±17.5 Years of Term Remaining with Renewal Options
  • Recent Renovation in a High-Traffic Location
  • 40+ Year Operating History with New 20-Year Lease
  • Drive-Thru with Impressive Sales Growth

OVERVIEW

- The Property is ranked within the top 8.6% of Pizza Huts in the nation based on number of visits, underscoring its strong market presence and popularity. This store consistently attracts a high volume of customers and is a standout performer. This Pizza Hut Property underwent a major renovation in 2021, enhancing its modern appeal and operational efficiency, and boasts an outstanding year-over-year sales growth of over 16%, significantly outpacing industry averages. There are approximately 17.5 years of remaining base lease term with six (6), five (5) year option periods, offering an investor many years of passive income. In association with: Rob Gemerchak, OH Lic #BRKP.2019006339

FOR SALE DETAILS

PRICE

$1,666,667 USD

PRICE/SF

$560 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,030 SF

ZONING

-

APN/PARCEL ID

6103727000

ASK ABOUT THIS PROPERTY

Mark GrossmanNorthmarqMore Info
918-794-9536

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Mark GrossmanNorthmarqMore Info
918-794-9536

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.