3355 Maple AveZanesville, OH 43701

For Sale
$1,203,000

High-yield NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fee-simple ownership of a Pizza Hut restaurant located at 3355 Maple Ave, Zanesville, OH 43701, in Muskingum County. The property boasts 2,843 square feet on a 0.56-acre lot and features a single-story building constructed in 1976. Currently operating under a franchisee, the absolute NNN lease offers significant stability with a remaining term of 9.4 years and attractive annual rent increases of 1.25%. The property's strong financial performance is reflected in its $1,203,000 asking price, a price per square foot of $423.14, and a compelling 6.25% cap rate, generating a net operating income (NOI) of $75,190. The location benefits from the presence of national credit tenants in the surrounding area. This is a turnkey investment ideal for passive income seekers seeking a stable, high-performing asset with built-in rent growth. The property is offered as a fee-simple sale. The property is a single-tenant building.

Highlights

  • Strong national credit tenant co-tenancy.
  • Annual rent escalations.

Property Details for 3355 Maple Ave

Property type
Other retail properties, Individual retail properties
Square Feet
2,843 SF
Year Built
1976
Buildings
1
Stories
1

Location Insight

City
Zanesville
County
Muskingum
State
Ohio
Latitude
39.983486
Longitude
-82.02064
3355 Maple Ave, Zanesville, Ohio

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3355 Maple Ave
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