Pizza Hut | Riverside, CA

Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute Net NNN Property Located at 9706 Magnolia Avenue in Riverside, 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 Tenant’s 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

DENSE SOUTHERN CALIFORNIA TRADE AREA

  • Affluent Trade Area With an Average Household Income of Over $75,569 Within a 3-Mile Radius
  • Densely Populated Area With Over 271,560 People Within 5-Miles
  • Nearby Retailers Include: Lowe’s, Target, ALDI, Big Lots, Ross, Family Dollar, Kohl’s, Dollar Tree, Macy’s, Old Navy and More
  • Located Directly Down the Street of the Galleria at Tyler Shopping Mall Which is a Vibrant Retail Entertainment and Dining Destination Attractive to Both Local Residents and Tourists

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