Canfield Retail for Sale - Mahoning County
This is a prime Absolute NNN investment opportunity - Pizza Hut in Canfield Ohio.
Long-Term, 20-Year Absolute Triple Net (NNN) Lease that Commenced on February 22, 2022
1.75% Rental Increases Annually Starting Year Seven (7)
Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years
Franchisee Guarantee from SFR XI Holdings, LLC – Approximately 120+ Units
Positioned in Strong Retail Artery | Giant Eagle, CVS Pharmacy, Dollar Tree, Dunkin’ Donuts, Subway, McDonald’s, Hampton Inn And Suites, Bob Evans And More
Less Than 6 Miles From Downtown Youngstown
Strong Demographics | Population Exceeds 92,750 Individuals Within a Five-Mile Radius
Strong Traffic Counts | Over 34,320 And 22,380 Vehicles Per Day Along Boardman-Canfield Road And Interstate 76
Pizza Hut, is the largest restaurant chain in the world specializing in the sale of ready-to-eat pizza products.
The brand has a longstanding history with the first Pizza Hut opening in 1958 in Wichita, KS. Within a year, the first franchise unit was opened.
As of December 31, 2021, there were 18,381 Pizza Hut locations around the world.
SFR XI Holdings, LLC is the 11th largest Pizza Hut franchisee, operating 120+ locations across Ohio, West Virginia, Pennsylvania, and Indiana.
