1951 W Prospect Rd - Restaurant FOR SALE
Ashtabula, OH 44004 |
1951 W Prospect Rd
Ashtabula, OH 44004
HIGHLIGHTS
- Long-Term Passive Income Opportunity With Approximately 18 Years Remaining on the Base Lease Term
- Absolute NNN Lease With Annual Rent Increases (Starting March 1, 2028) Provides an Investor Strong Rental Growth
- Leading Pizza Hut Franchisee With 120+ Locations Operated By SFR XI Holdings, LLC, and Guaranteed By SFR XI Holdings, LLC
- Globally Recognized Restaurant Brand Pizza Hut, Part of the Yum! Brands Family, Operates Close to 20,000 Locations Globally; in 2023
- Pandemic, Recession and Internet Resistant Tenant, Providing a Secure and Passive Investment Opportunity
- Ideal 1031 Exchange Opportunity Featuring a Low Price Point
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Pizza Hut - Ashtabula, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
3199
STORIES
1
YEAR BUILT
1985
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
480100005000
