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

  • Top 10% Performing Store in the Nation
  • Globally Recognized Restaurant Brand
  • Top Pizza Hut Franchise Operator (120+ Units)
  • ±17 Years of Term Remaining with Renewal Options
  • Absolute NNN Lease
  • 40+ Year Operating History with New 20-Year Lease

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. There are approximately 17 years of remaining base lease term and the triple net structure of the lease allows for a completely passive investment. 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.