2217 E Griffin Pky
Mission, TX 78572
Pizza Hut · Retail Property For Sale

New NNN Leased Investment perfect for year end 1031 exchange in South Texas. The Mission Pizza Hut property is strategically located in the center of Mission and is surrounded by dense residential housing in all directions. East Griffin Parkway & North Shary Road are major thoroughfares with traffic counts of 19,000+ and 15,000+ cars per day respectively. There are favorable daytime traffic patterns which create a strong lunch business as well as residents returning home at dinner hours. These favorable charactistics create a very successful restaurant achieving sales volumes that are well above other Pizza Huts in this region. The large 1.03 acre land parcel is oversized with plentiful parking and reciprocal access which creates extra value for the owner. The contemporary Pizza Hut restaurant building is also very large at approximately 3,300 square feet & was constructed from the ground up in approximately 2000. The Pizza Hut has successfully operated at this location for over 15+ years which is an excellent track record of success. There are approximately 12,000 residents in a 1 mile radius, 88,000+ residents in a 2 mile radius, and 233,000+ residents in a 5 mile radius with favorable fast food demographics so the Mission Pizza Hut has a very strong delivery business as well. Mission is located in the western portion of the McAllen/Mission/Edinburgh MSA which is one of the fastest growing MSA’s in Texas. The one million plus residents of the Mission and the South Texas border region are experiencing tremendous growth in population and investments on the American side of the Rio Grande River. Mission Texas is also just minutes north of the 2+ million residents of Reynosa and Matamoros, Mexico which are popular manufacturing centers in Northern Mexico.