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32440512
32440513

2600 TX-21, Bryan, TX 77808

AH
TN 381098
$2,931,942
25 days on market
Updated 25 days ago

Taco Bell | Bryan, TX | NNN

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,571
Cap Rate 5.15%
NOI $150,995
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 11/30/2049
Rent Bumps Yes
Lease Options Six 5-Year fixed rate options
Price per SqFt $1,140
Year Built 2024
Acreage 0.440
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 01/01/2025
Ground Lease No
Sale Condition N/A

Retail/QSR | 5.15% CAP | 2,571 SqFt

Marketing description

The offering represents the opportunity to acquire a Taco Bell located in the rapidly growing Bryan-College Station market of Central Texas. The property benefits from strong visibility along TX-21 (25,000 vehicles/day) and convenient access to the area's primary commuter corridor, Earl Rudder Freeway/Highway 6 (60,000+ vehicles/day). The Bryan-College Station region is anchored by Texas A&M University, one of the largest universities in the United States with more than 70,000 students. The university drives a large and consistent customer base for quick-service restaurants through student spending, faculty employment, sporting events, and year-round campus activity. The combination of strong population growth, a young consumer demographic, and a high-traffic retail corridor makes Bryan and College Station an attractive market for national quick-service restaurant brands like Taco Bell.

The 2,571 SF Taco Bell was constructed in 2024 with a 25-year lease with 1% annual rent increases and 6 5-year renewal options. THE LEASE IS AN ABSOLUTE NNN STRUCTURE WITH NO LANDLORD RESPONSIBILITIES. Year 2 rent is $150,995/Year and supports a $2,931,942 Sales Price considering a market appropriate cap rate of 5.15%.

The franchisee, Tacala Austin, LLC, owns 106 Taco Bell locations, and is one of the operating entities under the Tacala Companies platform. Tacala Companies is one of the largest and most successful Taco Bell franchisees with 350+ restaurants across seven states including Alabama, Georgia, Tennessee, Texas, Kentucky, Virginia, and North Carolina. The company was founded by Dick Reese and Don Ghareeb in 1989 with the opening of their first restaurant in Columbiana, Alabama. Their "Here to Serve" company culture is based on providing customers with exceptional experiences and employees with incredible growth opportunities. Tacala has more than doubled its restaurant count in the last decade while delivering $200M+ in annual revenue.

Investment highlights

  • LONG-TERM LEASE 25 Years with 1% Annual Rent Increases
  • ABSOLUTE NNN LEASE No Landlord Obligations
  • NEW CONSTRUCTION Built in 2024
  • BEST IN CLASS FRANCHISEE Tacala Austin, LLC, owns and operates 106 locations under the larger Tacala Companies platform with 350+ Locations in Seven States
  • TOP PERFORMING QSR Taco Bell has a 50% share of the Mexican QSR Space and is a Top 5 Overall QSR
  • IMPRESSIVE BRAND MOMENTUM Increased Customer Demand with 7% Increase in Same Store Sales
  • HIGH TRAFFIC LOCATION SH 21 frontage providing access to 25,000+ vehicles per day
  • STEADY DAYTIME WORKFORCE Industrial and logistic HUB that drives workforce population in the trade area

Listing Contacts

AH
TN 381098

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,995.00
$12,582.92/mo

Valuation Metrics

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DSCR
5.15%
Cap Rate
5.15%
ROI

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