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Little Caesars NNN Lease Restaurant Pharr Texas

Little Caesars | Pharr, TX
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Investment Offering

Tenant: Little Caesars | Pharr, TX
Premises: 1,800 SF
Renewal Options: 3 x 5 Years

Lease Expiration: 11/30/2026
Lease Type: NNN
Rental Increases: 10% Annually


Sands Investment Group is Pleased to Present Exclusively For Sale the 1,800 SF Little Caesars NNN Lease Located at 308 West Nolana Loop in Pharr, TX. This Deal Includes a New Construction Investment That Opened in 2021 With 3+ Years Remaining on the Lease Term, Providing For a Unique Investment.

  • New Construction Investment That Opened in 2021 With 3+ Years Remaining on the Lease Term and Three (3) Five (5)-Year Option Periods With 10% Rental Escalations
  • Experienced and Growing Regional Little Caesars Operator With Proven Success in the Local Market
  • Below Market Rent For a Newly Built Free-Standing Quick Service Restaurant Priced at Under $425 PSF
  • Excellent Location Along the “Going-Home” Side of the Road Along Nolana Loop (28,410 VPD), Just Off I-69C (118,031 VPD)
  • Excellent Demographics With a Population of 101,587 Residents Making an Average Household Income of $67,779 Within a 3-Mile Radius
  • By 2040, the Population of the U.S. Part of the Rio Grande Valley is Projected to Grow From 1.5 Million to 2.5 Million Residents; When the Growth of Mexican Border Cities is Included, the Bi-National Population of the Rio Grande Valley is Forecast to Grow to Nearly 7 Million People
  • The City of Pharr is Part of the McAllen-Edinburg-Mission MSA, Which Ranks as the 5th Largest Metropolitan Statistical Area in the State of Texas and the Largest Metropolitan Statistical Area Along the Texas-Mexico Border
  • Nearby Retailers Include: Church’s Chicken, McDonald’s, Starbucks, Burger King, Rudy’s BBQ, Holiday Inn Express & Suites, Nearby Hampton Inn & Suites, & PSJA North Early Collge High School

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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Tenant Overview

LITTLE CAESAR

Headquartered in Detroit, Michigan, Little Caesars was founded by Mike and Marian Ilitch 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. Known for its HOT-N-READY® pizza and famed Crazy Bread®, Little Caesars products are made with quality ingredients, like fresh, never frozen, mozzarella and Muenster cheese and sauce made from fresh-packed, vine-ripened California crushed tomatoes. Little Caesars is known for unique product offerings and promotions like the Pretzel Pizza, Detroit-Style Deep Dish Pizza, the Batman Calzony, and now offers 33% more pepperoni on its Classic pizza. An exceptionally high growth company with over 60 years of experience in the $145 billion worldwide pizza industry, Little Caesars is continually looking for franchisee candidates to join our team in markets around the world. There are 4,184 Little Caesars locations in the United States as of May 31, 2023.

Area Overview

Little Caesars | Pharr, TX

308 West Nolana Loop - Pharr, TX 78577

Contact Broker for Details

Status: Sold

Little Caesars | Pharr, TX

Blake Davis

512.543.4647
bdavis@SIGnnn.com

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$8 BILLION IN SALES

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We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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