Listed by Retail Investment Group LLC
$3,950,000
Taco Bell Seattle MSA
Details
APN 102601-4-046-2001
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,024
Net Rentable (SqFt) 2,024
Units 1
Cap Rate 4.66%
NOI $184,000
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, Del Taco
Lease Type Absolute NNN
Lease Expiration 06/09/2046
Remaining Term 20
Rent Bumps Yes
Lease Options (4) 5-Year Options
Price per SqFt $1,952
Broker Co-Op Yes
Class A
Year Built 2021
Buildings 1
Stories 1
Acreage 1.000
Zoning C-4
Parking Spaces 21 spaces
Parking Per SqFt 10.38
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange
Large Taco Bell franchisee operator (160 locations)
Marketing description
Retail Investment Group is pleased to offer for sale this Taco Bell in Poulsbo, Washington. Located ±23 miles from downtown Seattle in the Seattle-Tacoma-Bellevue MSA with over 4 million over residents. Built in 2021, this ±2,024-square-feet building with 21 parking spaces sits on a large ±1.04-acre parcel.
Investment highlights
Rare Seattle-Tacoma-Bellevue MSA Taco Bell for sale
Walmart Supercenter (±200,000 sq ft, open 24 hours) outparcel and adjacent to Home Depot
20 year term expires in June 2046
Absolute NNN lease - ZERO LL responsibilities
23 miles from downtown Seattle
Large franchisee operator (160 locations)
Listing Contacts
Listed by Retail Investment Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$184,000.00
$15,333.33/mo
Valuation Metrics
0
DSCR
4.66%
Cap Rate
4.66%
ROI
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