Net Leased Pizza Hut Property Profile And Cap Rates Date August 27, 2020
Net Lease Pizza Hut – Typical Property and Lease Terms
Price Range: | $700,000 - $1.6 mm |
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Cap Rate: | 6.25-6.50% |
Net Income: | $60,000 - $100,000 |
Price Per foot: | $600 PSF |
Building Size: | 1,200 - 3,000 SF |
Lot Size: | 0.5 - 1 Acre |
Escalations: | Various |
Lease Term: | 10-15 Years |
Lease Type: | NNN |
Credit Rating: | BB (S&P) |
Pizza Hut is an American restaurant chain and international franchise which was founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The company is known for its Italian American cuisine menu, including pizza and pasta, as well as side dishes and desserts. Pizza Hut has 18,703 restaurants worldwide as of December 31, 2019,[2] making it the world’s largest pizza chain in terms of locations. It is a subsidiary of Yum! Brands, Inc., one of the world’s largest restaurant companies
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