Log In/Sign Up
Your email has been sent.
Pizza Hut 556 Main St 2,226 SF Retail Building Wellsville, OH 43968 $1,185,340 CAD ($532.50 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Strong Franchisee Guarantee
- Access to Riverfront Community
- Long-Term Lease Structure
- Prominent Main Street Positioning
Executive Summary
Surmount is pleased to present the exclusive listing for a Pizza Hut located at 556 Main Street, Wellsville, OH 43968. The site consists of roughly 2,266 rentable square feet of building space on an estimated 0.28-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease, which commenced 2/22/2022. The current annual rent is $65,000 and has scheduled increases of 1.75% annually starting year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,226 SF
Building Class
C
Year Built
1979
Price
$1,185,340 CAD
Price Per SF
$532.50 CAD
Cap Rate
7.50%
NOI
$88,900 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
Retail
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $63,954 CAD | |
| Land Assessment | $8,439 CAD | Total Assessment | $72,392 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$8,439 CAD
Improvements Assessment
$63,954 CAD
Total Assessment
$72,392 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Pizza Hut | 556 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.