Taco Bell
10+ Years Remaining | Absolute Net Taco Bell | Strong-Rent-To-Sales Ratio
Marketing description
Attention investors! Located at 2780 Belvidere Rd, Waukegan, IL 60085, this Taco Bell property offers an excellent opportunity for a hands-off investment.
With over 10 years remaining on the absolute net lease, this property provides a strong rent-to-sales ratio and annual rent increases tied to CPI. Featuring a 60+ unit guarantor and situated in a prime location with high visibility, this Taco Bell is a top-performing location with consistent rent-to-sales ratios. The property benefits from a growing population, with 5-mile household incomes exceeding $89,000 and an average daily traffic count of over 27,000 vehicles.
Don't miss out on the chance to acquire this stable income-producing asset with a reliable tenant and a solid lease in place. Contact us today to seize this opportunity and add 2780 Belvidere Rd, Waukegan, IL 60085 to your investment portfolio.
Investment highlights
Absolute Net Lease | Zero Landlord Responsibilities
Annual Rent Increases - Lease Benefits From Annual Rent Increases Of 1.25x The Increase In CPI Annually (Capped at 1.50%)
10+ Years Remain on an Original 20-Year Lease With Four (4) - Five (5) Year Options To Renew
60+ Unit Guarantor By Bell Great Lakes, LLC, an Affiliate Of Flynn Restaurant Group, Which Holds The Title For Largest Franchise Operator In The USA With Nearly 2,900+ QSR/Restaurant Units
Top Performing Location With a Healthy Rent-To-Sales Ratio | 6.35% In 2022, 2023, and 2024 | Ranked 44 out of 152 Taco Bell Locations In a 50-Mile Radius Per Placer.Ai
5-Mile Population: 150,000
5 Mile Household Income Exceeds $89,000
43-Miles To Downtown Chicago | Third Largest MSA In The Country
Excellent Visibility and Frontage From Belvidere Rd With Average Vehicle Count Per Day Exceeding 27,000
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
