Pizza Hut for Sale in Minerva, OH
Minerva, OH
Key Investment Metrics
Price
$940,900
Cap Rate
7.5%
Net Operating Income
$70,568
Building Size
2626 SF
Land Area
0.32 Acres
Remaining Term
15.6 years
Lease Expiration
02/27/2042
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1969
Tenancy
Single
Rent Increases
1.75% Annually
AI illustration · Not the listed propertyProperty overview
Pizza Hut in Minerva
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,626 SF
- Land area
- 0.32 acres
- Year built
- 1969
- Lease type
- Absolute NNN
- Lease expiration
- 02/27/2042
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.