239 N Market St - Fast Food FOR SALE


East Palestine, OH 44413
$800,000 USD
332-345-4222
239 N Market St, East Palestine, OH for Sale
$800,000 USD
Fast Food - FOR SALE
1/1
null | 7.5% Cap Rate

239 N Market St
East Palestine, OH 44413


HIGHLIGHTS

  • Strong Franchisee Guarantee
  • Long-Term Lease Structure
  • Strong Academic Presence
  • Access to Growing Regional Hub

OVERVIEW

Surmount is pleased to present the exclusive listing for a Pizza Hut located at 239 N. Market St., East Palestine, OH 44413. The site consists of roughly 675 rentable square feet of building space on an estimated 0.38-acre parcel of land. This Pizza Hut is subject to a 20-year Triple Net (NNN) lease, which commenced 2/22/2022. The current annual rent is $60,000 and has scheduled increases of 1.75% annually starting year 7.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$1,185 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

Retail

APN/PARCEL ID

6801455000,6801456000,6802203000,6802204000,6802392000,6802393000

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.