Tenant: Pizza Hut | Ozark, AL Premises: 2,604 SF Renewal Options: 4 x 5 Years
Lease Expiration: 15 Years from COE Lease Type: Absolute NNN Rental Increases: 8% Increases Every 5 Years
Brand New 15 Year Absolute NNN Lease with 8% Increases Every 5 Years
Strong 22 Store Franchise Operator
Highly Experienced and Sought After Franchise Operator in the Southeast with 25 Years of Experience with Pizza Hut / Yum! Brand
Soon to be Renovated by Tenant – Series 39 Remodel
Located in a Dense Retail Environment with Many National Retailers Such as: Walmart, Kroger, CVS, Rite Aid, McDonald’s, Checkers, Burger King, Family Dollar, Taco Bell, Dairy Queen, Krystal and Captain D’s
In Cooperation with BoR: Andrew Ackerman – Lic # C0001099750
Pizza Hut is an American restaurant chain and international franchise, known for its Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts. The company has over 16,000 restaurants in more than 100 countries and is a subsidiary of Yum! Brands, Inc.
Pizza Hut was founded in June 1958 by two Wichita State University students, brothers Dan and Frank Carney, as a single location in Wichita, Kansas. The company announced a rebrand that began on November 19, 2014. The rebrand was an effort to increase sales. The menu was expanded to introduce various items such as crust flavors and eleven new specialty pies. Pizza Hut is split into several different restaurant formats; the original family-style dine-in locations; store front delivery and carry-out locations; and hybrid locations that have carry-out, delivery, and dine-in options. Some full-size Pizza Hut locations have a lunch buffet, with "all-you-can-eat" pizza, salad, bread sticks, and a pasta bar.