| Leased to Pizza Hut on a 20-year Absolute Triple Net (NNN) Lease with ~13 years remaining on the primary term, plus 4 additional 5-year options. |
| The lease is guaranteed by Ayvaz Pizza, the second-largest Pizza Hut franchisee in America, operating 380+ locations across 10 states. |
| At the current rent of $88,000, the ~7% rent-to-sales ratio implies roughly 29% above the Pizza Hut national mature franchise AUV of ~$973,000. |
| Pizza Hut is entering a new chapter following LongRange Capital's $1.5 billion acquisition of the brand (excluding Mainland China) from Yum! Brands. |
| Positioned directly on US Highway 52, the primary arterial connecting Rochester to Minneapolis–St. Paul (the 16th largest MSA in the U.S.). |
| The property draws from a 3-mile population of over 72,900 residents with an average household income of over $112,700. |
Tyler McGarry
Sands Investment Group Santa Monica, LLC
