±9.6-Year Absolute NNN Taco Bell
330 West Northside Drive, Jackson, MS 39206
Marketing description
Tenant under the lease, Pacific Bells, LLC, is a premier, private-equity-backed quick-service restaurant franchise operator and one of the largest Taco Bell franchisees in the United States, currently managing a footprint of 311+ locations across 11 states with a workforce of over 7,000 team members.
Taco Bell's absolute NNN Lease features ±9.6 years of primary term remaining with a 10% rent increase in 2031 during the initial term and in each of the five, 5-year renewal options.
The subject property features direct frontage along West Northside Drive (14,000 VPD), positioned less than one mile from the Interstate 55 interchange and just west of North State Street (11,000 VPD). The site includes a dedicated drive-thru lane and multiple ingress/egress points to maximize local and commuter accessibility.
Taco Bell serves as an infill location within a dense commercial and residential hub, surrounded by over 350 multi-family units (Rio, Gardenside, Oakpointe, and Azalea Christian Manor). It draws steady consumer traffic from neighboring national brands, including Walgreens, CVS, CSL Plasma, Dollar General, Dollar Tree, Piggly Wiggly and U-Haul. In total, there are 5.7 MSF of retail, 5.6 MSF of office, 3.3 MSF of industrial and 7,948 multifamily units within a 3-mile radius of the site.
The Jackson, Mississippi Metropolitan Statistical Area (MSA Population: 603,484), which includes Hinds, Madison and Rankin counties, serves as the state's primary economic, governmental and cultural hub. Anchored by the city of Jackson, the MSA benefits from a diverse employment base led by state government, healthcare, education and financial services, with major institutions such as the University of Mississippi Medical Center and several regional hospital systems playing an outsized role in job creation.
Investment highlights
- Pacific Bells, LLC | Tenant: Tenant under the lease, Pacific Bells, LLC, is a premier, private-equity-backed quick-service restaurant franchise operator and one of the largest Taco Bell franchisees in the United States, currently managing a footprint of 311+ locations across 11 states with a workforce of over 7,000 team members.
- Absolute NNN Lease with Increases: Taco Bell's absolute NNN Lease features ±9.6 years of primary term remaining with a 10% rent increase in 2031 during the initial term and in each of the five, 5-year renewal options.
- Excellent Access & Visibility: The subject property features direct frontage along West Northside Drive (14,000 VPD), positioned less than one mile from the Interstate 55 interchange and just west of North State Street (11,000 VPD). The site includes a dedicated drive-thru lane and multiple ingress/egress points to maximize local and commuter accessibility.
- Strategic Location: Taco Bell serves as an infill location within a dense commercial and residential hub, surrounded by over 350 multi-family units (Rio, Gardenside, Oakpointe, and Azalea Christian Manor). It draws steady consumer traffic from neighboring national brands, including Walgreens, CVS, CSL Plasma, Dollar General, Dollar Tree, Piggly Wiggly and U-Haul.
- Dynamic Demographics | Built-In Customer Base: Taco Bell benefits from dynamic demographics with a population of 50,893 and an average household income of $71,908 within a 3-mile radius. Additionally, there are over 3,600 households within a 1-mile radius of the site, placing a substantial consumer base within walking distance.
- Jackson, MS MSA Advantage: The Jackson, Mississippi Metropolitan Statistical Area (MSA Population: 603,484), which includes Hinds, Madison and Rankin counties, serves as the state's primary economic, governmental and cultural hub.
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