Pizza Hut | Pennington Gap, VA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,304 SF Pizza Hut Absolute NNN Asset Located at 42485 East Morgan Avenue in Pennington Gap, VA. This Deal Includes a 17-Year Absolute NNN Lease With 1.5% Rental Increases, Providing For a Secure Investment.
17-Year Absolute NNN Lease | 1.5% Annual Rent Increases | Experienced Operator
- Strong 211-Unit Corporate Guarantee From Tasty Huts, LLC: A Subsidiary of Tasty Restaurant Group (TRG); a Premier Franchise Operator Managing Over 400 Restaurants Across Top-Tier Brands; Including Pizza Hut: Burger King; Dunkin; and Taco Bell; TRG is an Affiliate of Triton Pacific Capital Partners; Providing Investors With Confidence in a Secure and Stable Investment
- Brand Strength: Operating Under the Globally Recognized Pizza Hut Brand, This Location Benefits From TRG’s Extensive Experience and Market Presence; With 211 Pizza Hut Locations Under Their Management, the Combined Strength of Tasty Restaurant Group and Pizza Hut Provides Unparalleled Stability, Making This an Attractive and Secure Investment
- 17-Year Absolute NNN Lease: The Property Features a Long-Term 17-Year Absolute NNN Lease; Offering Investors True Passive Income With Zero Landlord Responsibilities: the Corporate Guarantee From Tasty Huts; LLC; Further Ensures Consistent and Reliable Returns
- 1.5% Annual Rent Increases: The Lease Includes 1.5% Annual Rental Increases Throughout the Initial Term and Option Periods; Steadily Increasing NOI and Providing a Hedge Against Inflation
Prime Pennington Gap, VA Location | Established in a High-Traffic Area
- Proximity to Key Economic Drivers: The Property is Located Near Major Local Employers: Such as Lee County Community Hospital: Which Contributes to a Stable Customer Base; Additionally: Pennington Gap Serves as a Commercial Hub For Nearby Communities; Boosting the Property’s Traffic and Visibility
- Retail and Community Synergy: The Surrounding Area Features a Mix of National and Local Retailers; Including Grocery Stores and Essential Services: Which Drive Significant Foot Traffic to the Property: This Retail Synergy Enhances the Pizza Hut’s Customer Engagement and Visibility
Strong Demographics | Proven Market Performance:
- Solid Local Demographics: Pennington Gap and the Surrounding Area Boast a Population of Over 10,000 Residents Within a 5-Mile Radius; With a Strong Local Customer Base That Supports Continued Success For the Tenant
- Established Community Presence: This Pizza Hut Location Has Become a Trusted and Recognized Name in the Pennington Gap Community: With a Strong History of Operation and Stable Sales Performance; This Property Offers Investors a Proven; Secure Investment With Strong Long-Term Prospects
In Cooperation With Sands Investment Group, Inc – Lic. ##0226037527 BoR: Tom Gorman – Lic. VA #0225269275
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