Pizza Hut Wing Street | Absolute NNN | Hard Corner… — Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Los Angeles, CA 90008

Photos

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Investment Figures

Cap rate
4.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present Pizza Hut/WingStreet, a premier net lease investment opportunity located in the heart of Los Angeles, California. This offering features an absolute triple-net leased Pizza Hut/WingStreet with more than 9.5 years of firm lease term remaining, providing investors with durable, passive cash flow backed by an established operator in one of the country's most supply-constrained retail markets. The lease is structured with rare 1.50 percent annual rental increases throughout both the remaining base term and each of the three (3), five-year renewal options, creating consistent NOI growth while providing a meaningful hedge against inflation. The tenant is responsible for all operating expenses; there are zero landlord responsibilities. Investment Highlights: • Institutional-Quality Net Lease Investment | Minutes from Downtown Los Angeles - Located in One of the Nation's Most Desirable and Supply-Constrained Commercial Real Estate Markets • Over 9.5 Years of Guaranteed Cash Flow - More than 9.5 Years of Firm Lease Term Remain with Southern California Pizza Company, California's Largest Pizza Hut franchisee • Rare Annual Rent Growth-The Lease Features Strong 1.50 Percent Annual Rent Increases Throughout Both the Base Term and All Three Renewal Options • Absolute Triple-Net Lease - A True Passive Investment with Tenant Responsible for Taxes, Insurance, Maintenance, Roof, Structure, Parking Lot, HVAC, and All Operating Expenses • Irreplaceable Infill Real Estate - Situated on a Signalized Hard Corner Within Historic Leimert Park Village, One of Los Angeles' Most Culturally Significant Districts

Market Context

This food service in Los Angeles, CA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Los Angeles, CA — view the full market.

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