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1951 W Prospect Rd
Ashtabula, OH 44004

Price Upon Request

Restaurant For Sale  •  3,306 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,306 SF
  • Lot Size 2.67 AC
  • Building Class C
  • Year Built 1985
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
40 Walk Score

Highlights

Long-Term Passive Income Opportunity With Approximately 18 Years Remaining on the Base Lease Term
Absolute NNN Lease With Annual Rent Increases (Starting March 1, 2028) Provides an Investor Strong Rental Growth
Leading Pizza Hut Franchisee With 120+ Locations Operated By SFR XI Holdings, LLC, and Guaranteed By SFR XI Holdings, LLC
Globally Recognized Restaurant Brand Pizza Hut, Part of the Yum! Brands Family, Operates Close to 20,000 Locations Globally; in 2023
Pandemic, Recession and Internet Resistant Tenant, Providing a Secure and Passive Investment Opportunity
Ideal 1031 Exchange Opportunity Featuring a Low Price Point

Major Tenants

Tenant SF Occupied Lease End Date
Pizza Hut 3,199 SF 2/28/2042