Pizza Hut - Twentynine Palms, CA 72526 29 Palms Hwy 2 784 pi² Commerce de détail Immeuble Twentynine Palms, CA 92277 1 208 964 $ CAD (434,25 $ CAD/pi²) 6,50% Taux de capitalisation

ABSOLUTE NNN LEASE STRUCTURE
A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
BELOW REPLACEMENT COST RESTAURANT
Opportunity to acquire a fully built restaurant property at a price well below the cost of new construction. This favorable basis provides built-in equity and makes for an attractive long-term hold as construction costs continue to rise.
LONG-TERM OPERATING HISTORY
This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
BELOW MARKET RENT
Current rent is below market benchmarks, offering potential for income growth through future rent increases or re-tenanting at higher market rates upon lease expiration.
OPTION PERIOD MARKET RENT ADJUSTMENT
The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
EXPERIENCED OPERATOR
Operated by a Pizza Hut franchisee with roughly 80 locations, the property benefits from experienced management and consistent lease performance.
PERSONAL GUARANTY BY INDUSTRY VETERAN
Lease remaining term backed by an industry-leading franchise group with decades of operating history. The lease guarantor’s financial strength and operational expertise provide a secure guarantee on the lease.
SIMPLE SITE CONFIGURATION
Straightforward site layout allows for future re-tenanting or redevelopment as QSR, small-format retail, or medical services.
FRONTAGE ON HWY 62 IN MILITARY TOWN
Located on 29 Palms Highway with strong visibility and direct access to the nearby Marine Corps Air Ground Combat Center, the largest U.S. Marine base, which drives a stable employment and consumer base.
REGIONAL RETAIL CORRIDOR
The property is surrounded by banks, gas stations, grocery, and quick-service retail, reinforcing the property’s position as a core part of Twentynine Palms’ commercial corridor.