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- LoopNet Team
1330 S 14th St
Kingsville, TX 78363
Pizza Hut · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Twenty (20) Year Primary Lease Term Commencing at the Close of Escrow
- Fixed Ten (10%) Percent Increases Every Five (5) Years Including Options
- Four Additional Five (5) Year Options to Extend
PROPERTY FACTS
ABOUT 1330 S 14TH ST , KINGSVILLE, TX 78363
MUY Pizza Tejas, LLC was established in June 2005 and currently operates a total of 218 Pizza Hut restaurants in and around the Houston, Dallas/Ft. Worth, San Antonio metro areas and also from Corpus Christi to the Mexico border. Even though the company was established in 2005 MUY Pizza Tejas, LLC is very a mature company whose restaurants average more than 20 years of successful operations. MUY Pizza Tejas, LLC is also well capitalized and operates very profitably. Please visit the company website at http://muycompanies.com for additional information on the company. MUY Pizza Tejas, LLC is part of the MUY Pizza Companies which own another 2 Pizza Hut restaurant-operating companies with 88 Pizza Hut restaurants in 6 Southeast states, and another 60 Pizza Hut restaurants in Minnesota and Iowa. Collectively, the 3 MUY Pizza companies own and operate 366 Pizza Hut restaurants and is the second largest Pizza Hut franchisee in America. Another MUY restaurant operating company called MUY Hamburger Partners, LLC operates 315 Wendy’s restaurants in the Texas, Ohio, New York, and Pennsylvania markets and is currently the second largest Wendy’s franchisee in America. Another restaurant operating company called MUY Brands, LLC also owns and operates 79 Taco Bell restaurants in 6 northeast states. The collective MUY Companies own and operate 760 restaurants and were recently recognized by Nation’s Restaurant News 2017 industry survey as the 5th largest franchisee in America with annual revenues approaching $1 Billion.
PROPERTY TAXES
| Parcel Number | 15849 | Improvements Assessment | $524,060 |
| Land Assessment | $144,020 | Total Assessment | $668,080 |
PROPERTY TAXES
