Little Caesars is a sale-leaseback with a new 10 year Absolute NNN lease and 5% rental escalations every 5 years. The tenant, Vibe Restaurant Group, owns and operates over 60 Little Caesars locations in 8 states & DC. This location was fully remodeled in the fourth quarter of 2017.
The subject property is located in Pecos, Texas, with high drive-by visibility on S Eddy St. Little Caesars is less than ½ mile from Pecos High School with a total enrollment over 600 students and 2 miles from Reeves County Hospital District. Surrounding retailers include Walmart, Bealls, Family Dollar, Gibsons Home Center & Hardware, Brownlee Ace Hardware, Aaron’s, Dollar General, O’Reilly Auto Parts, AutoZone, NAPA Auto Parts, Verizon, etc.
*In Association With: Blackburn Properties