Taco Bell | RARE 29-Year Abs NNN Lease
Austin, TX MSA | Home Depot Outparcel Site | 31,575 Vehicles Per Day
Marketing description
Rare 29-year absolute NNN to Taco Bell, the world’s largest Mexican-inspired restaurant chain.
Annual 1% rent increases deliver steady growth through the initial term and six (6) five-year options.
Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
Lease to Tacala Austin Corp, one of Taco Bell’s largest operators.
Taco Bell serves over two billion customers each year.
In 2024, Taco Bell experienced strong growth, including a milestone $1 billion in profit and significant increases in both U.S. and international sales.
Taco Bell’s 2025 growth strategy, named “R.I.N.G. The Bell,” focuses on relentlessly innovative next-generation growth. The plan involves doubling down on innovation, expanding internationally, and enhancing the customer experience through technology and value offerings.
Investment highlights
Prime Retail Location: High-visibility and easily accessible location along U.S. Route 290, which experiences a high traffic count of 31,575 vehicles per day.
Reliable Tenancy: In 2024, Taco Bell experienced strong growth, including a milestone $1 billion in profit and significant increases in both U.S. and international sales.
Strong Demographic Base: The three-mile radius serves an affluent region, with an average household income of $198,351.
Excellent Traffic Drivers: The property is surrounded by a vibrant mix of local and national retailers that drive Dripping Springs’ primary economic activity, including H-E-B, Whataburger, Walgreens, Circle K, Holiday Inn, and more.
Central Location: Centrally located between The Dripping Springs Sports & Recreation Park and Dripping Springs High School (2,564 students), allowing the property to maximize on Dripping Springs’ busiest community hubs.
Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.
Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Taco Bell and Dripping Springs for steady concurrent growth.
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