Strong Franchisee Guarantee from Sizzling Caesar LLC | This investment is backed by Sizzling Cesar LLC, a subsidiary of Sizzling Platter, a proven multi-unit restaurant operator with a strong track record on the franchise industry incorporating over 400 units. With a sturdy portfolio of over 750 locations across the U.S. and Mexico, including approximately 450 Little Caesars restaurants, bringing financial stability and operational experience.
Bain Capital Acquires Sizzling Platter | Sizzling Platter, one of the largest multi-brand restaurant franchise platforms with over 400 Little Caesar locations, has been acquired by Bain Capital in a deal valued at over $1 billion, including debt. This strategic partnership reflects Bain's commitment to scaling high performance franchise operations and enhances the overall corporate stability of the lease, providing investors an added layer of confidence in tenant strength and long-term operational execution.
Amongst Fasted Growing Economies in the Country | Midland’s economy is projected to grow by $7.9 billion from 2024 to 2029, with an annual GDP growth rate of 3.8%, outpacing both state and national averages. Fueled by the strength of the Permian Basin, Midland also expects to add nearly 13,000 new jobs, reinforcing its position as a prime market for long-term investment.
Surrounded by National Retailers and Hospitality Options | The property enjoys strong commercial synergy, positioned near major national retailers such as Walmart, Walgreens, Dollar General, McDonald’s, and many more which drive consistent consumer traffic throughout the day. In addition, nearby hotel accommodations including La Quinta Inn, Comfort Inn & Suites, Quality Inn, support daily visitor flow from business travelers and tourists alike, creating increased exposure and demand for surrounding retail and dining establishments.