14582 Palmdale Rd - Fast Food FOR SALE
Victorville, CA 92392 |
14582 Palmdale Rd
Victorville, CA 92392
HIGHLIGHTS
- Absolute NNN Lease: A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- Opportunity to acquire a fully built restaurant property at a price below current construction costs.
- This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
- The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
- Operated by a Pizza Hut franchisee managing approximately 80 locations, ensuring stable operations and lease performance throughout the term.
- Part of Victorville Galleria (±97K SF), anchored by Cardenas, with 100% occupancy, foot traffic, and co-tenancy with McDonald's and Cricket Wireless.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Pizza Hut NNN Leased Restaurant Investment
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
3264
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0396-012-14
