Subject property is operated by a franchisee of Burger King operating 23 units throughout southern and western Texas. Upon close of escrow, property will have a long-term lease with 5% rental escalations every 5 years, with no management responsibilities.
Property is located on main retail corridor in Kingsville, near retailers such as McDonald's, Walgreens, Whataburger, Firestone Tires, and KFC.
Subject property is located on main retail corridor in Kingsville. Retailers in the immediate vicinity include Walgreens, Eckerds, Firestone Tires, McDonald's, Whataburger, KFC, Exxon, and two small retail centers.
Just west of the Gulf of Mexico, in an area called The Wild Horse Desert by early settlers, sits the historic town of Kingsville -the birthplace of the American ranching industry. Captain Richard E. King, in 1853, purchased land that was once part of the Rincon de Santa Gertrudis Spanish Land Grant and changed these coastal plains forever. The King Ranch remains a working ranch, boasting over 60,000 cattle and 300 quarter horses and offers fabulous opportunities for nature lovers and birders.
