Pizza Hut for Sale in Los Angeles, CA
Los Angeles, CA
Key Investment Metrics
Price
$2,790,000
Cap Rate
4.8%
Net Operating Income
$132,604
Building Size
1859 SF
Land Area
0.18 Acres
Remaining Term
9.6 years
Lease Expiration
02/29/2036
Lease Term
26.6 years
Lease Commencement
07/31/2009
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1991
Occupancy
100%
Tenancy
Single
Rent Increases
1.50% Annually (Base Term & Options)
AI illustration · Not the listed propertyProperty overview
Pizza Hut in Los Angeles
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 1,859 SF
- Land area
- 0.18 acres
- Year built
- 1991
- Lease type
- Absolute NNN
- Lease expiration
- 02/29/2036
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.