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Pizza Hut | Rosemead, CA
5 months ago
Tenant: **Pizza Hut | Rosemead, CA**
Premises: **1,200 SF**
Renewal Options: **3 x 5 Years** Lease Expiration: **02/28/2031**
Lease Type: **Absolute NNN**
Rental Increases: **1.5% Annually**
Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute NNN Restaurant For Sale Located at 7779 Garvey Ave in the City of Rosemead, California. The Franchisee is Southern California Pizza Co., LLC, Which is the Largest Pizza Hut Franchisee in California & the 3rd Largest in the Pizza Hut System. They Operate 224 Pizza Hut Restaurants in the Greater Los Angeles Market. This Property Has a Recently Extended New 10 Year Lease Demonstrating the Tenants Confidence in the Location. With Rare Annual 1.5% Increases and an Absolute Triple Net (NNN) Lease, This Deal Offers a Long-Term Secure Income Stream, Compounding Hedge Against Inflation With a Pandemic, Recession and an Internet Resistant Tenant.
**BEST OF CLASS INVESTMENT**
* Long Term Lease New 10 Year Lease Extension
* Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
* Ideal 1031 Exchange Opportunity
* Rare Annual 1.5% Increases Which Provides Strong Compounding Hedge Against Inflation
* Southern California Pizza Co., LLC is the Largest Pizza Hut Franchisee in California and the 3rd Largest in the Pizza Hut System; They Operate 224 Pizza Hut Restaurants in the Greater Los Angeles Market
* The Tenant Recently Extended the Initial Term of the Lease Demonstrating Its Strong Confidence in This Location For the Long-Term Investment Outlook
* Tenant Has Resided at This Location Since 2010 Proving Its Long-Term Operating History
**PANDEMIC, RECESSION & INTERNET RESISTANT TENANT**
* Tenant Has Remained Open and is Paying Rent Throughout the COVID-19 Pandemic
* Takeout Only Concept Unaffected By Government Shutdown of Indoor Dining
* Early Lease Extension During Pandemic Demonstrates Strength of Concept and Operator
**CORE INFILL URBAN LOS ANGELES LOCATION**
* Affluent Trade Area With an Average Household Income of Over $83,562 Within a 5-Mile Radius
* Densely Populated Area With Over 669,022 People Within 5-Miles
* Located Directly Across from Richard Garvey Intermediate School, Arlene Bitley Elementary School and Ralph Waldo Emerson Elementary School Providing Additional Built-in Customer Base
* Nearby Retailers Include: CVS Pharmacy, 7-Eleven, El Pollo Loco, McDonalds, Target, Ross, Starbucks, Burger King and More
Read Additional From SIG, Specializing in Absolute Triple Net Lease Opportunities
**Pizza Hut | Rosemead, CA**
7779 Garvey Avenue - Rosemead, CA 91770
$1,840,000
Cap Rate: **4.50%**
Status: **Available**
