INVESTMENT OPPORTUNITY PIZZA HUT NEW 10-YEAR ABSOLUTE NNN LEASE (8% RENT TO SALES RATIO) AUBURN, NY (SYRACUSE) OFFERED AT: $910,950 | 6.85% CAP EXECUTIVE SUMMARY PROPERTY INFORMATION TENANT OVERVIEW AREA OVERVIEW TABLE OF CONTENTS 3 Offering Summary 4 Investment Highlights 5 Lease Summary & Rent Schedule 6 Location Maps 7 Property Photos 9 Neighboring Tenants 12 Aerials 18 About Pizza Hut 19 Syracuse Overview 21 Demographics Confidentiality Agreement & Disclosures EXCLUSIVELY REPRESENTED BY RYAN BARR RYAN BENNETT Principal Principal 760.448.2446 760.448.2449
[email protected] [email protected] Listed in conjunction with New York real estate broker Great Dane Properties, LLC, license 10991200160 PIZZA HUT | Auburn (Syracuse), NY | 2 EXECUTIVE SUMMARY PROPERTY INFORMATION TENANT OVERVIEW AREA OVERVIEW • Offering Summary • Investment Highlights Lease Summary & Rent Overview -- OFFERING SUMMARY -- INVESTMENT HIGHLIGHTS PROPERTY OVERVIEW Offering Price: $910,950 386 Grant Avenue Rd Address: Auburn, NY 13021 Net Operating Income: $62,400 Property Size: Approx 2,850 Sq. Ft. Cap Rate: 6.85% Land Size: 1.22 Acres Price/SF: $319 Ownership: Fee Simple Year Built: 1997 Lee & Associates, listed in conjunction with New York real estate broker Great Dane Properties, LLC license 10991200160, is pleased to exclusively offer for sale to qualified investors the opportunity to purchase a 100% fee-simple interest in a Pizza Hut property located at 386 Grant Avenue in Auburn (Syracuse), New York (the “Property). Built in 1997, the Property consists of a 2,850-square-foot retail building that sits on an approximately 1.22-acre parcel. The subject property is leased to GC Pizza Hut, LLC dba Pizza Hut and is the largest Pizza Hut franchisee in the northeast REAL DEALS (74 units).