Pizza Hut NNN Properties for Sale
14 live Pizza Hut listings as of October 7, 2026.
Pizza Hut cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| Under 5.00% | 1 | $2.94M |
| 5.00% – 5.99% | 3 | $1.36M |
| 6.00% – 6.99% | 7 | $1.62M |
| 7.00% – 7.99% | 2 | $737,421 |
| 8.00% and above | 1 | $400,000 |
Pizza Hut listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Colorado | 3 | 6.00% |
| California | 2 | 4.75% |
| Maryland | 2 | 5.88% |
| Georgia | 1 | 9.00% |
| Kansas | 1 | 7.50% |
| Kentucky | 1 | 6.50% |
| Michigan | 1 | 6.00% |
| North Carolina | 1 | 7.00% |
| Texas | 1 | 5.77% |
Pizza Hut remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 1 | 9.00% |
| 5 – 9.9 years | 2 | 5.75% |
| 10 – 14.9 years | 5 | 6.13% |
| 15+ years | 6 | 6.04% |
Buying Pizza Hut in a 1031 exchange
In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.
11 of the 14 live Pizza Hut listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
Pizza Hut due-diligence checklist
- Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
- Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
- Order tenant estoppel and SNDA documents before closing.
- Review the title commitment, survey and zoning report for the parcel.
- Commission a Phase I environmental site assessment.
- Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
- Verify property tax, insurance and CAM reimbursements against the lease.
- Review store-level sales or rent-to-sales data if the tenant reports it.
Pizza Hut net lease FAQ
How many Pizza Hut net lease properties are for sale?
Net Lease World shows 14 live Pizza Hut listings as of October 7, 2026.
What cap rates are Pizza Hut properties listed at?
Live Pizza Hut listings with a published cap rate range from 4.50% to 9.00%, with a median of 6.00% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Pizza Hut property?
The median asking price across live Pizza Hut listings with a published price is $1.32M (as of October 7, 2026).
Which states have the most Pizza Hut listings?
Colorado (3), California (2), Maryland (2). Listings appear in 9 states in total (as of October 7, 2026).
How much lease term is left on Pizza Hut listings?
The median remaining primary lease term is 12.6 years; 11 listings have 10 or more years remaining (as of October 7, 2026).
Live Pizza Hut listings
- Pizza Hut — Los Angeles, CA · Asking $2.94M · 4.50% cap rate
- Pizza Hut — Louisville, KY · Asking $1.81M · 6.50% cap rate
- Pizza Hut — Long Beach, CA · Asking $1.06M · 5.00% cap rate
- Pizza Hut — Burlington, CO · Asking $1.40M · 6.00% cap rate
- Pizza Hut — Ellicott City, MD · Asking $1.71M · 5.75% cap rate
- Pizza Hut — Reisterstown, MD · Asking $1.33M · 6.00% cap rate
- Pizza Hut — Yuma, CO · Asking $1.43M · 6.00% cap rate
- Pizza Hut · Asking $1.15M · 6.38% cap rate
- Pizza Hut — Jackson, MI · Asking $2.93M · 6.00% cap rate
- Pizza Hut — Houston, TX · Asking $1.30M · 5.77% cap rate
- Pizza Hut — Larned, KS · Asking $910,841 · 7.50% cap rate
- Pizza Hut — Burlington, NC · Asking $564,000 · 7.00% cap rate
- Pizza Hut — Warner Robins, GA · Asking $400,000 · 9.00% cap rate
- Pizza Hut — Sterling, CO · Asking $1.31M · 6.00% cap rate