{"id":1298,"date":"2017-08-09T18:06:13","date_gmt":"2017-08-09T18:06:13","guid":{"rendered":"http:\/\/www.bouldergroup.com\/blog\/?p=1298"},"modified":"2017-08-09T18:06:13","modified_gmt":"2017-08-09T18:06:13","slug":"net-lease-pizza-hut","status":"publish","type":"post","link":"https:\/\/www.bouldergroup.com\/blog\/net-lease-pizza-hut\/","title":{"rendered":"Net Lease Pizza Hut Property For Sale"},"content":{"rendered":"<p>The Boulder Group is pleased to exclusively market for sale a single tenant net lease Pizza Hut property located in Detroit, Michigan. Pizza Hut has successfully operated at this location for almost 20 years.\u00a0 The Pizza Hut property has easy access and excellent visibility along one of the area\u2019s primary thoroughfares. In addition to Pizza Hut\u2019s cuisine, the location serves WingStreet items. WingStreet is a sister franchise to Pizza Hut specializing in Buffalo chicken wings.\u00a0 Pizza Hut is an American restaurant chain and international franchise with over 15,000 locations worldwide.\u00a0 It is a subsidiary of Yum! Brands, Inc., one of the world&#8217;s largest restaurant companies.<\/p>\n<p>The 2,202 square foot net lease Pizza Hut building is located along Warren Avenue, one of the primary thoroughfares in the East English Village neighborhood of Detroit.\u00a0 Warren Avenue experiences traffic counts of 24,640 vehicles per day.\u00a0 The property is located in a heavily populated area with over 126,315 people living within a three-mile radius of the property earning an average household income of $74,819 per year.<\/p>\n<p>National retailers located in the immediate area include Sherwin-Williams, Family Dollar, AutoZone, O\u2019Reilly Auto Parts and Burger King.\u00a0 The property is also located within proximity to multiple residential communities, local businesses, and schools.\u00a0 East English Village Preparatory Academy, a magnet high school with nearly 1,600 students, is located one-quarter mile north east of the property.<\/p>\n<p>The Pizza Hut property has less than one year remaining on the lease which expires June 10, 2018. The triple net lease features two 5-year renewal option periods at fair market rent.\u00a0 Pizza Hut is the world\u2019s largest pizza restaurant chain and fourth largest fast-food chain (as measured by units) with more than 15,000 locations in 120 countries. Pizza Hut is a subsidiary of Yum! Brands, one of the world\u2019s largest restaurant companies publically traded on the New York Stock Exchanges (symbol: YUM).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Boulder Group is pleased to exclusively market for sale a single tenant net lease Pizza Hut property located in Detroit, Michigan. Pizza Hut has successfully operated at this location for almost 20 years.\u00a0 The Pizza Hut property has easy access and excellent visibility along one of the area\u2019s primary thoroughfares. In addition to Pizza [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[329],"class_list":["post-1298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-lease-for-sale","tag-net-lease-pizza-hut"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Net Lease Pizza Hut Property For Sale - The Boulder Group<\/title>\n<meta name=\"description\" content=\"Net lease advisory firm The Boulder Group is pleased to exclusively market for sale a single tenant net lease Pizza Hut property\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bouldergroup.com\/blog\/net-lease-pizza-hut\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net Lease Pizza Hut Property For Sale - 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