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33311681
33311680

2464 Augusta Hwy, Lexington, SC 29072

VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
MY
CA 01823291
Cushman & Wakefield - Sacramento, California
SC
CA 01318288
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California
$2,039,000
1 day on market
Updated 1 day ago

Taco Bell Ground Lease | Low-Rent Site

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,274
Cap Rate 5.15%
NOI $105,000
Tenancy Single
Brand/Tenant Taco Bell, Chipotle
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2041
Remaining Term 15
Rent Bumps Yes
Price per SqFt $897
Broker Co-Op Yes
Year Built 2026
Acreage 1.050
Investment Type Net Lease
Lease Commencement 07/15/2026
Ground Lease Yes

New 15-Year Abs NNN Lease | Across the street from 2,500 Student High School

Marketing description

» New 15-year absolute NNN ground lease to Taco Bell, the world’s largest Mexican-inspired restaurant chain.

» 10% rental increases every five (5) years through the initial term and four (4) five-year option periods ensure consistent income growth.

» Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.

» Leased to Bell Carolina, LLC, a subsidiary of Bell American Group, the second-largest Taco Bell franchisee in the United States, operating approximately 273 restaurants across eight states.

» Taco Bell serves over two billion customers each year.

» Taco Bell’s same-store sales increased 7% in 2025 while gaining domestic market share among a broad range of consumers, including higher-income diners, families and younger customers.

Investment highlights

» Prime QSR Location: Highly visible and easily accessible location near the signalized four-way intersection of Augusta Highway and Charter Oak Road, which experiences a combined traffic count of over 24,000 vehicles per day.

» Strategically Located Across From High School: This Taco Bell is positioned across from Lexington High School (home to 2,500+ students), providing a built-in customer base.

» Beneficial Proximity to Regional Shopping Hub: The subject property benefits from its close proximity to the planned Victory Village shopping center (anchored by a new Target and Academy Sports + Outdoors; slated to open in fall 2026), a major new retail development that will significantly enhance commercial activity and consumer traffic in the Lexington trade area.

» Strong Demographic Base: The five-mile radius serves an affluent and populous region of 54,595, with an average annual household income of $137,823 within three miles.

» New 2026 Construction on Large Parcel: Built in 2026, the large 1.05-acre property is designed for Taco Bell’s specific operational needs.

» 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 Lexington for steady concurrent growth.

Listing Contacts

VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
MY
CA 01823291
Cushman & Wakefield - Sacramento, California
SC
CA 01318288
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$105,000.00
$8,750.00/mo

Valuation Metrics

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DSCR
5.15%
Cap Rate
5.15%
ROI

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