- For Sale $1,393,800
- Property Type Retail - Restaurant
- Property Size 2,973 SF
- Units 1
- Lot Size 0.57 Acre
- Property Tenancy Single Tenant
- Date Updated May 13, 2026
Description
Banning, home to around 30,600 residents, sits strategically in the San Gorgonio Pass corridor and functions as a commuter bridge between the Inland Empire and Coachella Valley. Its local economy is anchored in education, healthcare, retail, tourism, and construction—supported by housing affordability relative to coastal markets. Average household income is approximately $89,432, with projected job growth of near 36% over the next decade, thanks to rising residential demand and pass-through traffic from Interstate 10 . Recent revitalization efforts include new housing developments and commercial investment, while Banning taps into regional energy infrastructure—most visibly through San Gorgonio’s extensive wind farms. Positioned as a transit-oriented and workforce-supportive community, Banning offers stable growth and increased access to Inland Empire and Coachella employment opportunities.TREK Investment Group, together with CBRE is pleased to present this Pizza Hut in Banning. Located on West Ramsey Street which services as Banning’s main east–west corridor, the store experiences significant local traffic from both commuters and residents. It is proximate to major national retailers including Dollar General, Starbucks, and McDonald’s, forming a thriving quick-service retail cluster. The restaurant offers full-service formats including dine-in, carry-out, and delivery to cater to varied customer needs. Banning’s growing population driven by affordable housing and commuter trends supports a stable customer base. Backed by a long-term franchise lease, this location offers predictable income in a developing submarket.
Highlights
- $16,500 (21%) over the initial lease term providing a strong inflationary hedge compared to many “flat” STNL investments
- approximately 19,800 locations across more than 120 countries
- California
- Dominant International Brand – Pizza Hut, a subsidiary of Yum! Brands, Inc., is the world’s largest pizza restaurant company, with
- 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 more than
- Long Term Absolute NNN Lease – Pizza Hut operates under a 15.5-year Absolute NNN lease (expiring March 2041), one of the most
- Proven Operator – Southern PacPizza, the operator and guarantor, is among the largest Pizza Hut franchise groups in the system,
- Strong Historical Occupancy and Sales – Pizza Hut has operated at this location since 1986 and under the current operator since 2012 with proven sales and a low rent-to-sales ratio, strengthening its continued long-term success
- with 77 locations and nearly 30 years of operating history. The entity of Southern PacPizza itself manages 24 units across Southern
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Contacts
Parker Carroll, CCIM
TREK Investment Group
Location
Contact Listing Broker
Parker Carroll, CCIM
TREK Investment Group