While the empty restaurant next door is the one with a "For Sale" sign out front, it's Rochester's northwest Pizza Hut that recently sold for $1 million.
The 29-year-old brick restaurant at 2001 U.S. 52 North Frontage Road was purchased by ERFK LTD of San Antonio, Texas on Oct. 28. It purchased the property, presumably as an investment, from San Antonio, Texas-based Muy Brands.
Given Muy's $168,000 investment in making over the building in early 2014, it seems likely that Pizza Hut will keep cooking there under the new landlord.
Muy Brands, one of the largest Pizza Hut franchisees in the U.S., acquired the three Rochester Pizza Huts as part of the purchase deal with Sky Ventures of Golden Valley. Sky Ventures sold 54 Pizza Huts to Muy at the end of 2013.
The Frontage Road Pizza Hut sold for $986,733. The Pizza Hut that shared a building with Taco Bell at 4000 Marketplace Drive NW closed this summer.
Muy also owns the Pizza Hut location at 840 S Broadway.
Now that this deal is done, it seems a safe bet that the next sale in the area will be right next to Pizza Hut.
The ex-McDonald's restaurant next door to the Frontage Road Pizza Hut has been empty and up for sale, since it moved to the new McDonald's restaurant by Costco, off 19th Street Northwest.