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4034 S Cleveland Massillon Rd
Norton, OH 44203

$1,458,016 USD

Restaurant For Sale  •  1,430 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 1,430 SF
  • Lot Size 0.86 AC
  • Building Class C
  • Year Built 2012
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
54 Walk Score

Highlights

Long-Term Passive Income Opportunity With Approximately 18 Years Remaining on the Base Lease Term
Absolute NNN Lease With Annual Rent Increases (Starting March 1, 2028) Provides an Investor Strong Rental Growth
Leading Pizza Hut Franchisee With 120+ Locations Operated By SFR XI Holdings, LLC, and Guaranteed By SFR XI Holdings, LLC
Globally Recognized Restaurant Brand Pizza Hut, Part of the Yum! Brands Family, Operates Close to 20,000 Locations Globally
Pandemic, Recession and Internet Resistant Tenant, Providing a Secure and Passive Investment Opportunity
Ideal 1031 Exchange Opportunity Featuring a Low Price Point
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Pizza Hut 1,430 SF 2/28/2042

Public Transportation

Commuter RailDriveWalkDistance
Akron Northside (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) 18 min - 9.3 mi
AirportDriveWalkDistance
Akron-Canton Regional 24 min - 17.6 mi
Cleveland-Hopkins International 54 min - 37.7 mi
Daniel Hoogesteger 310-853-1419 Sands Investment Group Santa Monica, LLC
Daniel Hoogesteger 310-853-1419 Sands Investment Group Santa Monica, LLC