Restaurant
Little Caesars
810 Morgan Blvd, Harlingen, TX 78550
Listing Price: $435,800
Investment Overview
Marucs & Millichap is pleased to present for sale Little Caesars in Harlingen, Texas. 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. 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.
Harlingen is a principal city of the Brownsville–Harlingen metropolitan area, and is located in Cameron County in the central region of the Rio Grande Valley of the southern part of the U.S. state of Texas, about 30 miles (48 km) from the coast of the Gulf of Mexico. Geographically located in the center of the Rio Grande Valley, Harlingen’s strategic location at the intersection of U.S. Route 77 and U.S. Route 83, co-designated as Interstate 69 East and Interstate 2, respectively, has fostered its development as a distribution, shipping, and industrial center.
Little Caesars
Investment Highlights
- Four Plus Years Remaining on Double-Net (NN) Lease
- 7.5 Percent Rental Increases in 2027, and 15 Percent in Option Period
- Drive Through Location
- 91,490 Residents within a 5-Mile Radius - Households and Population Projected to Increase Approx. 5+% in the Surrounding Area by 2028
- Visible to Nearly 25,000 Cars per Day Near the Intersections of Morgan Blvd and N 77 Sunshine Strip
Listing Price: $435,800
Investment Highlights
- Four Plus Years Remaining on Double-Net (NN) Lease
- 7.5 Percent Rental Increases in 2027, and 15 Percent in Option Period
- Drive Through Location
- 91,490 Residents within a 5-Mile Radius - Households and Population Projected to Increase Approx. 5+% in the Surrounding Area by 2028
- Visible to Nearly 25,000 Cars per Day Near the Intersections of Morgan Blvd and N 77 Sunshine Strip
Investment Overview
Marucs & Millichap is pleased to present for sale Little Caesars in Harlingen, Texas. 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. 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. Harlingen is a principal city of the Brownsville–Harlingen metropolitan area, and is located in Cameron County in the central region of the Rio Grande Valley of the southern part of the U.S. state of Texas, about 30 miles (48 km) from the coast of the Gulf of Mexico. Geographically located in the center of the Rio Grande Valley, Harlingen’s strategic location at the intersection of U.S. Route 77 and U.S. Route 83, co-designated as Interstate 69 East and Interstate 2, respectively, has fostered its development as a distribution, shipping, and industrial center.
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