Pizza Hut (Yum! Brands) | Absolute NNN Lease Investment | Bad Axe, MI

An outstanding commercial real estate acquisition opportunity featuring a single-tenant 2,398-square-foot quick-service restaurant in Bad Axe, Michigan (Huron County). Offered at an accessible $638,468 purchase price, this net-lease asset delivers a 5.00% cap rate and is 100% leased to Pizza Hut (backed by Yum! Brands). Operating under a passive Absolute NNN lease through December 2029, this offering combines globally recognized brand equity, zero landlord obligations, and an attractive entry basis on a high-exposure 0.92-acre outparcel.

Property Specifications & Financial Overview

• Offering Price: $638,468

• Cap Rate: 5.00%

• Building Size: 2,398 Net Rentable SF

• Lot Size: 0.92 Acres (40,075 SF)

• Property Type: Freestanding Retail / Quick-Service Restaurant (Storefront)

• Year Built: 1999 (Functional, efficient single-story restaurant layout)

• Tenant / Brand: Pizza Hut (Yum! Brands)

• Lease Structure: Absolute NNN (Zero Landlord Responsibilities)

• Primary Term Expiration: December 31, 2029 (~3.3 Years Remaining Term)

• Renewal Options: One (1) Additional 5-Year Option

• Zoning: C-1 Commercial District

• Parking Ratio: 34 Dedicated Surface Spaces

• Frontage: 150 Feet of Direct Frontage on North Van Dyke Road

• Market: Bad Axe, MI (Huron County Seat)

Globally Recognized Brand & Truly Passive Ownership

Pizza Hut operates under Yum! Brands, one of the world's largest restaurant companies with nearly 20,000 locations worldwide:

• 100% Passive Absolute NNN Structure: The lease holds the tenant completely responsible for all property operating expenses—including real estate taxes, building insurance, common area maintenance (CAM), roof, building structure, HVAC, and parking lot maintenance.

• Low Acquisition Cost Basis: Offered at ~$638K, the asset represents a low entry price point relative to current replacement costs for freestanding corporate-backed QSR assets.

• Longstanding Operating History: Decades of continuous operation at this exact address highlight proven store profitability and deep customer loyalty within the Thumb region of Michigan.

Dominant Commercial Frontage & High-Traffic Outparcel

Situated along Bad Axe's primary commercial artery, the site captures steady regional vehicular volume and benefits from surrounding retail density:

• Prime Corridor Exposure: Features 150 feet of direct frontage along North Van Dyke Road, providing exceptional sightlines, prominent signage opportunities, and easy customer access.

• Major Regional Retail Neighbors: Positioned near high-volume anchors including Walmart Supercenter, Meijer, Tractor Supply Co., and Dollar General, driving continuous cross-shopping traffic.

• Regional Hub Mechanics: Bad Axe serves as the economic, healthcare, and retail center for Huron County, drawing residents, agricultural workers, and tourists from surrounding coastal communities.

• Proximity to Community Landmarks: Located minutes from Kettering University, local educational facilities, the Bad Axe Theatre, and Huron County Historical Society Museum.

Key Investment Highlights

• Single-Tenant Absolute NNN Lease guaranteed by iconic quick-service brand Pizza Hut (Yum! Brands).

• Attractive $638,468 Price Point delivering a 5.00% cap rate with low replacement-cost exposure.

• 100% Passive Income Stream with zero landlord maintenance, structural, or operational duties.

• Prime 0.92-Acre Parcel with 150' of frontage on N Van Dyke Road and 34 parking spaces.

• Lease Active Through December 2029 with additional 5-year renewal upside.

• Surrounded by Dominant Anchors including Walmart Supercenter and Meijer.