Pizza Hut

72526 29 Palms Hwy, Twentynine Palms, CA 92277

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For Sale

Description

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 below current construction costs. The favorable basis offers built-in equity and supports a compelling long-term hold as new development expenses rise.
LONG-TERM OPERATING HISTORY
This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
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 is backed by an industry-leading franchise group with decades of operating history.
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.

Financials

Specs

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 below current construction costs. The favorable basis offers built-in equity and supports a compelling long-term hold as new development expenses rise.
LONG-TERM OPERATING HISTORY
This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
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 is backed by an industry-leading franchise group with decades of operating history.
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.