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1823 W Hill AveValdosta, GA 31601
Pizza Hut | Valdosta, GA
Asset ClassRetail
MSATallahassee, FL

Investment Highlights

PROPERTY & LEASE HIGHLIGHTS

  • Long Term Lease – Pizza Hut just signed a 10-year lease renewal, demonstrating their commitment to the site.
  • Absolute NNN – This lease offers zero responsibility for the landlord, making this an ideal hands-off investment opportunity.
  • Upcoming Renovations – Tenant is will be renovating the site, signaling a long-term commitment to the location. Proposed improvements include new exterior signage and paint (if needed), as well as interior updates such as new tile flooring, updated ceiling and lighting, refreshed wall finishes, and a renovated front counter.
  • Scheduled Rent Increases – The lease includes a 10% increase after year 5, with additional 5% increases at each renewal option, providing built-in income growth and a strong hedge against inflation.
  • Long Term Operations – This Pizza Hut has been operating at this location since 1999, demonstrating strong historical performance and long-standing customer demand.
  • Strong Franchisee – This lease was recently assumed by Flynn Restaurant Group (American Hut), the largest franchisee operator in the United States. Flynn operates over ±2,900 units across ±44 states and ±3 countries, including brands such as Applebee’s, Taco Bell, Panera Bread, Arby’s, Wendy’s, and Planet Fitness.

LOCATION HIGHLIGHTS

  • Strong Retail Synergy – Neighboring top national brands like IHOP, McDonalds, Walmart, Wendy’s, Bojangles, Burger King, and more, reinforcing the area’s high demand.
  • Strategic Location – Situated on W Hill Ave (±22,600 VPD), just ±3 miles from Valdosta State University, with over ±11,000 thousand enrolled students, providing a steady flow of customers. Also, just feet from the on-ramp to Interstate 75 (±53,400 VPD), which serves as a convenient stop for hungry travelers.
  • High Visibility and Accessibility – The property features ±140 feet of frontage on W Hill Ave and includes a dedicated turn lane, enhancing accessibility for customers, including ±47 parking spaces.
  • Near Valdosta Mall – Just ±2 miles from Valdosta Mall, the only enclosed regional shopping mall within a ±75-mile radius, drawing significant foot traffic to the area.
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1823 W Hill AveValdosta, GA 31601

CONTACT US

Jake LurieVice President - Retail Investment Sales(813) 488-0853jake.lurie@matthews.com
Bill PedersenBroker of Record

License #: License No. 80041 (GA)

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Listing provided by Revere CRE