Listed by Veritas Realty
$3,801,582
Taco Bell | 13778 Olivia Way, Fishers, IN 46038
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,806
Cap Rate 5.5%
NOI $209,087
Tenancy Single
Brand/Tenant Taco Bell
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 12/17/2032
Remaining Term 6.4
Rent Bumps Yes
Lease Options Four 5-Year Options
Price per SqFt $1,355
Year Built 2009
Acreage 0.820
Parking Spaces 29 spaces
Parking per 1,000 SqFt 10.33
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 12/18/2012
Flynn Restaurant Group | Abs NNN | 1.50% Annual Increases
Marketing description
No Landlord Responsibilities: Absolute NNN lease structure
Rental Increases: 1.50% annual increase
Great Location: Just off I-69 and Campus Pkwy (27,125 VPD)
Retail Corridor: Surrounded by IU Health, Ascension Health, Hamilton Town Center, Marketplace at Saxony, Deer Creek, Noblesville Event Center, BJ’s Wholesale Club, Total Wine, Culver’s, Starbucks, Raising Cane’s, Chick-Fil-A, and many more
Operating History: 13+ years of success at this location
Listing Contacts
Listed by Veritas Realty
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$209,087.00
$17,423.92/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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