1600 W State St, Baden, PA 15005

STRENGTH OF A GLOBAL BRAND: Taco Bell is a global lifestyle brand that serves affordable Mexican inspired food with locations across 30+ countries including more than 8,200 locations in the U.S. serving more than 40MM customers weekly. Taco Bell U.S. reported same-store sales growth of 7% for the full-year 2025, which represented a 2-year stack against Q4 2024’s 5% growth. Yum! Brands (parent company of KFC, Taco Bell, Pizza Hut and Habit Burger) is the world’s largest restaurant group operating more than 61,000 restaurants in more than 155 countries and territories worldwide with over 98% of its restaurants being operated by franchisees.

FRANCHISEE/TENANT: Charter Foods LLC is a prominent franchisee founded in 1998 and based in Tennessee, and operates over 200 locations of Yum! Brands restaurants, including Taco Bell, KFC, and Long John Silver’s across 12 states, with various reports indicating they are a major operator in the Eastern United States along with a PA presence and confirmed as a major operator in northwest Pennsylvania.

LONG TERM NNN LEASE: The property benefits from a 25-year Absolute Triple Net Lease with 15 years remaining and attractive 10% Rent Increases every Five (5) Years with Zero Landlord Responsibilities.

LOCATION: Prime outparcel located at the signalized hard corner of Economy Way and PA-65 (former Wendy’s), within the Northern Lights Shopping Center in Economy Borough. The site benefits from strong visibility and access along W. State Street, just off the Beaver Valley Expressway (I-376) within the Ohio River retail corridor. The trade area is driven by a dense industrial employment base, including GE Power and Fastenal, and a high volume Norfolk Southern freight corridor connecting to Conway Yard. Additional support comes from national retailers such as Walmart, ALDI, Dollar Tree, and Sheetz, along with the surrounding residential population.

SITE SPECIFIC PERFORMANCE: Estimated sales are $1.6M based on foot traffic/visits and average ticket size. As an analytical benchmark, the estimated sales assumes a rent-to-sales ratio below 5% supporting long-term operational sustainability and tenant performance.