Pizza Hut - Lake Elsinore

Investment Overview

TREK Investment Group, along with CBRE is pleased to present this Pizza Hut in Lake Elsinore. Positioned on Casino Drive, immediately accessible from I-15 with an impressive 135,500+ vehicles per day, the site enjoys high visibility and accessibility. It sits adjacent to national retailers like CVS, McDonald’s, the UPS Store, Goodwill, benefiting from strong retail synergy. The store includes a Hut Lane drive-thru and supports digital ordering, carry-out, delivery, and dine-in. The property is leased under a corporate-guaranteed absolute NNN structure. Lake Elsinore’s expanding residential population and tourism-driven weekend traffic bolster ongoing performance.

Investment Highlights

• Dominant International Brand – Pizza Hut, a subsidiary of Yum! Brands, Inc., is the world’s largest pizza restaurant company, with
• approximately 19,800 locations across more than 120 countries
• Proven Operator - Southern PacPizza, the operator and guarantor, is among the largest Pizza Hut franchise groups in the system,
• with 77 locations and nearly 30 years of operating history. The entity of Southern PacPizza itself manages 24 units across Southern
• California
• Strong Historical Occupancy and Sales – Pizza Hut has operated at this location since 1994 and under the current operator since 2012 with proven sales and a low rent-to-sales ratio, strengthening its continued long-term success
• Long Term Absolute NNN Lease – Pizza Hut operates under a 15.5-year Absolute NNN lease (expiring March 2041), one of the most
• hands-off forms of real estate investment with essentially zero landlord obligations or oversight
• Improving Returns – Due to embedded increases (10% every 5 years), the Net Operating Income is projected to increase $20,500 (21%) over the initial lease term, providing a strong inflationary hedge compared to many “flat” STNL investments