Tenant: **Pizza Hut | Long Beach, CA**

Premises: **1,184 SF**

Renewal Options: **3 x 5 Years** Lease Expiration: **02/29/2036**

Lease Type: **Absolute NNN**

Rental Increases: **1.5% Annually**

Sands Investment Group is Pleased to Exclusively Offer For Sale the Pizza Hut Absolute NNN Lease Investment Opportunity Located at 1171 E Market Street in Long Beach, 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 15 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 15 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**

* Located on the Signalized Intersection of Orange Avenue and Market Street Featuring Over 16,000 Vehicles Per Day

* Affluent Trade Area With an Average Household Income of Over $82,000 Within a 5-Miles Radius

* Densely Populated Area With Over 682,000 People Within 5-Miles

* Located Directly Across the Street to Lindbergh Middle School Providing For Built-In Customer Base

* Long Beach is Located 17-Miles From Downtown Anaheim, 19-Miles From Santa Ana and 20-Miles From Downtown Los Angeles

Read Additional From SIG, Specializing in Absolute Triple Net Lease Opportunities

**Pizza Hut | Long Beach, CA**

1171 E Market Street - Long Beach, CA 90805

$1,706,667

Cap Rate: **4.50%**

Status: **Available**