Your email has been sent.
Pizza Hut 1041 US Highway 181 2,420 SF Retail Building Portland, TX 78374 $1,390,000 ($574.38/SF) 9.05% Cap Rate
Investment Highlights
- Prime Highway Frontage: Located along US Highway 181 in Portland, Texas, with ±57,400 vehicles per day for exceptional visibility.
- High-Performing Retail Node: Across from First Community Bank and a top-performing Whataburger, highlighting trade area strength.
- Gateway to Corpus Christi: Approximately ±8 miles north of Downtown Corpus Christi, benefiting from commuter and cross-bay traffic.
- Dominant Retail Corridor: Adjacent to a Travel Center and Taco Bell, near a new Jack in the Box, creating strong QSR synergy.
- National Tenant Concentration: Surrounded by major retailers like Wells Fargo, McDonald’s, Starbucks, Chick-fil-A, and H-E-B.
- Proximity to Major Employers: Near Port of Corpus Christi, Naval Air Station, ExxonMobil, Valero, and Texas A&M University–Corpus Christi.
Executive Summary
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Founded in 1958 in Wichita, Kansas by brothers Dan and Frank Carney, Pizza Hut operates as a global pizza restaurant brand offering pan pizza, thin crust varieties, wings, pasta, and related menu items. The brand began franchising in 1959 and introduced its recognizable red-roof restaurant design in the 1960s. Pizza Hut expanded nationally and internationally through a predominantly franchised model, becoming one of the most recognizable names in the pizza restaurant category. Over time, Pizza Hut has shifted its operational focus toward delivery and carryout formats alongside traditional dine-in locations. The brand has also introduced menu and digital ordering updates as part of broader operational adjustments within a highly competitive restaurant sector. Pizza Hut is privately operated as a brand within its publicly traded parent company, Yum! Brands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 72377 | Improvements Assessment | $1,512,396 |
| Land Assessment | $588,900 | Total Assessment | $2,101,296 |
Property Taxes
Presented by
Pizza Hut | 1041 US Highway 181
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.