Pizza Hut NNN Property For Sale — Rochester, NY · 1,509 SF
Rochester, NY 14623
This single-tenant Pizza Hut property features an absolute NNN lease with approximately 14.6 years of term remaining and zero landlord responsibilities. The lease includes 1 percent annual rental increases and four, five-year renewal options, backed by a franchisee guarantee from GC Pizza Hut, LLC, one of the nation's largest operators with 97 stores across seven states. The location demonstrates strong performance, ranking in the top 8 percent nationally for visits and top 12 percent for sales, generating roughly $1.3 million in annual sales and nearly 80,000 annual visits. Positioned along East Henrietta Road with exposure to over 19,000 vehicles per day and just 0.8 miles from Interstate 390, the site is embedded within a prominent retail corridor alongside leading national retailers i…
- Address: Rochester, NY 14623
- Asking price $1.14M
- 7.00% cap rate
- NOI $79,870
- 14.6 years remaining
- NNN lease
- Building size: 1,509 SF
- Rent increases: 1% annual rental increases; four, five-year renewal options
- Guarantor: Corporate
Location
This Pizza Hut property is in Rochester, New York.
Asset type: QSR