810 Morgan Blvd - Fast Food FOR SALE


Harlingen, TX 78550
$435,800 USD
602-687-6650
810 Morgan Blvd, Harlingen, TX for Sale
$435,800 USD
Fast Food - FOR SALE
1/4
null | 6% Cap Rate

810 Morgan Blvd
Harlingen, TX 78550


HIGHLIGHTS

  • 4+ Years Remaining on Double-Net (NN) Lease
  • 7.5% Rental Increases in 2027, and 15% in Option Period
  • 91,490 Residents within a 5-Mile Radius - Households and Population Projected to Increase Approx. 5+% in the Surrounding Area by 2028
  • Drive Through Location
  • Little Caesars has stores in each of the 50 U.S. States and 27 Countries and Territories
  • Visible to nearly 25,000 Cars Per Day Near the Intersections of Morgan Blvd and N 77 Sunshine Strip

OVERVIEW

Headquartered in Detroit, Michigan, Little Caesars was founded in 1959 as a single, family-owned restaurant. Today, Little Caesars is the third-largest pizza chain in the world, with stores in each of the 50 U.S. states and 27 countries and territories. As the largest carryout-only pizza chain in the United States, Little Caesars is known for its HOT-N-READY pizza and famed Crazy Bread. The franchisee, Sizzling Platter is a prominent restaurant management company founded in 1963, headquartered in Salt Lake City, Utah. It operates over 750 franchise locations across the United States and Mexico, encompassing brands such as Little Caesars, Jamba, Wingstop, Dunkin’, Jersey Mike’s, Cinnabon, Red Robin, and Sizzler. Broker of Record: Tim Speck (License #: 9002994)

FOR SALE DETAILS

PRICE

$435,800 USD

PRICE/SF

$272 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Caesars

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,500 SF

ZONING

C

APN/PARCEL ID

227120-0000-001000,227150-0010-001000

ASK ABOUT THIS PROPERTY

Zack HouseMarcus & MillichapMore Info
602-687-6650

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Zack HouseMarcus & MillichapMore Info
602-687-6650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.