Sierra Vista, AZ - Pizza Hut

Description:

• The tenant will sign a brand new 15-year lease at the close of escrow with 4 (5-year) option periods left to extend
• The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation
• The lease is guaranteed by an experienced franchisee operating 48 additional units
• Founded in 1958, Pizza Hut is among the largest pizza restaurants with more than 18,700 locations in over 100 countries

• Pizza Hut is located near the signalized, hard corner intersection of E. Fry Blvd. and S. 7th Street, serving a combined 28,000 vehicles daily
• Pizza Hut is within close proximity to multiple national/credit tenants including Wlamart Supercenter, Target, Lowe’s, Harbor Freight, and more
• Strong tenant synergy promotes crossover shopping to the subject property
• The asset is located just north of Cochise College Downtown Center (5,585 students), providing a direct consumer base from which to draw

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Listing ID: a288X000003ly2JQAQ