Little Caesars NNN Lease

Little Caesars | Pharr, TX

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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Circle K

 

  • Brand New 20 Year Absolute NNN Lease – No Landlord Responsibilities
  • 2% Annual Increases – Blended CAP Rate of 7.28% Over Lease Term
  • Four (4) x 5-Year Options to Renew
  • Guarantor Supplies Fuel to Over 300 Locations and Generated Over $13 Million in EBITDA in 2016
  • Guarantor Spending Over $250,000 in Capex at Site Rebranding to Chevron
  • Operator Operates 70 Circle K’s in 4 States
  • 15 Year Accelerated Depreciation
  • Income Tax Free State
  • Located at a Hard Corner Directly off US Business 83 with Traffic Counts of 20,000+ Cars Per Day
  • Population of 101,000+ Within 5-Miles
  • Adjacent to CVS and Whataburger

In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706

Circle K

 

  • Brand New 20 Year Absolute NNN Lease – Zero Landlord Responsibilities
  • 2% Annual Bumps – Blended Cap Rate of 7.28% Over Lease Term
  • Four (4) x 5-Year Renewal Options
  • Guarantor Supplied Over 130 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period Ended June 30, 2017
  • Guarantor Generated Over $13 Million in EBITDA in 2016
  • Guarantor Spending Over $250,000 in Capex at Site Rebranding to Chevron
  • Operator Operates 70 Circle K’s in 4 States
  • 15 Year Accelerated Depreciation
  • Income Tax Free State
  • Hard Corner Directly off US Route 281 with Traffic Counts of 19,000+ Cars Per Day
  • Strong Demographics – Population of 190,852+ Within 5-Miles

In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706