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Pizza Hut 1501 Fairmont Ave
2,744 SF Retail Building Fairmont, WV 26554 $1,033,333 ($377/SF) 6% Cap Rate
Investment Highlights
- Globally Recognized Restaurant Brand
- ±18 Years of Term Remaining with Renewal Options
- 15-Year Operating History with New 20-Year Lease
- Top Pizza Hut Franchise Operator (120+ Units)
- Absolute NNN Lease
- Proximity to Fairmont State University and WVU Medical Center
Executive Summary
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Accommodation and Food Services
- 2,744 SF
- $22.59
- Triple Net
- Feb 2042
There’s nothing cookie-cutter about Pizza Hut. Not their pizzas. Not their people. And definitely not the way they live life. Around here, they don’t settle for anything less than food they are proud to serve. And they don’t just clock in. Not when they can also become their best, make friends, and have fun while they're at it. They're the pizza company that lives life unboxed. They are not for people who want to blend in: pushing boundaries is part of their heritage. They have thousands of restaurants and many team members in multiple countries. Whether it’s the original Stuffed Crust or putting a pizza in outer space, they never stop driving themselves to deliver hot pizzas, fast every time – anywhere one wants to enjoy it. At Pizza Hut, they don’t just make pizza. They make people happy. Pizza Hut was built on the belief that pizza night should be special, and they carry that belief into everything they do.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Accommodation and Food Services | 2,744 SF | $22.59 | Triple Net | Feb 2042 |
PROPERTY TAXES
Parcel Number | 04-1-00130001 | Improvements Assessment | $143,340 |
Land Assessment | $55,200 | Total Assessment | $198,540 |
PROPERTY TAXES
Presented by
Pizza Hut | 1501 Fairmont Ave
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