* Dominant International Brand – Pizza Hut, a subsidiary of Yum! Brands, Inc., is the world’s largest pizza restaurant company, with approximately 19,800 locations across more than 120 countries
* Proven Operator – Southern PacPizza, the operator and guarantor, is among the largest Pizza Hut franchise groups in the system, with 77 locations and nearly 30 years of operating history. The entity of Southern PacPizza itself manages 24 units across Southern California
* Strong Historical Occupancy and Sales – Pizza Hut has operated at this location since 1994 and under the current operator since 2012 with proven sales and a low rent-to-sales ratio, strengthening its continued long-term success
* Long Term Absolute NNN Lease – Pizza Hut operates under a 15.5-year Absolute NNN lease (expiring March 2041), one of the most hands-off forms of real estate investment with essentially zero landlord obligations or oversight
* Below Market Rent – Pizza Hut’s rent is only $98,000 annually ($34.25 PSF/YR and $2.85 PSF/MO), well below market levels (+25% below market) and many comparable high rent quick-service drive-thru restaurants, producing low tenant occupancy costs and future mark-to-market rent potential at lease expiration
* Commuter Pit-Stop Destination – Strategically located along the I-15 Freeway – one of the primary routes between the Inland Empire and San Diego, and proximate to a synergistic mix of fast casual and convenience focused retail including McDonalds, In-N-Out Burger, Starbucks, Dutch Bros, Chevron, Denny’s and others