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Pizza Hut 3222 Solomons Island Rd
5,200 SF 100% Leased Retail Building Edgewater, MD 21037 $1,704,717 CAD ($328 CAD/SF) 7% Cap Rate
Investment Highlights
- Long-Term, 10-Year Absolute Triple Net (NNN) Lease - Zero Landlord Responsibilities
- Franchisee Guarantee - Strong Franchisee Guarantee from Quality Huts (350+ Units)
- Annual Rental Increases - 1.50% Annual Rental Increases
Executive Summary
3222 Solomon's Island Rd, Edgewater, MD 21037. The site consists of
roughly 5,200 rentable square feet of building space on an estimated 1.05-
acre parcel of land. This Pizza Hut is subject to a 10-year Triple Net (NNN)
lease, which commenced 4/1/2024. The current annual rent is $84,848 and
has scheduled increases of 1.50% Annually.
Property Facts
Amenities
- Pylon Sign
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Free-standing restaurant or redevelopment opportunity located near the intersection of Solomons Island Road and Chance Road. The property offers excellent access and visibility and includes pylon signage. Landlord will also consider ground lease or build-to-suit opportunities here.
Space | Size | Space Use | Position | Available |
1st Floor | 5,232 SF | Restaurant | Outparcel | 60 Days |
1st Floor
Size |
5,232 SF |
Space Use |
Restaurant |
Position |
Outparcel |
Available |
60 Days |
1st Floor
Size | 5,232 SF |
Space Use | Restaurant |
Position | Outparcel |
Available | 60 Days |
Free-standing restaurant or redevelopment opportunity located near the intersection of Solomons Island Road and Chance Road. The property offers excellent access and visibility and includes pylon signage. Landlord will also consider ground lease or build-to-suit opportunities here.
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01-744-05814801 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $1,868,752 CAD |
PROPERTY TAXES
Presented by
Pizza Hut | 3222 Solomons Island Rd
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