Serenity Property Management LLC
Listed by Serenity Property Management LLC
$1,450,000
NNN TACO BELL CORPORATE GUARANTEE
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,287
Net Rentable (SqFt) 63,500
Units 1
Cap Rate 4.38%
NOI $63,500
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 03/24/2043
Remaining Term 16.7
Rent Bumps Yes
Lease Options Four 5 Year Options
Price per SqFt $634
Class A
Year Built 2023
Acreage 1.010
Zoning Commercial
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/25/2023
Ground Lease Yes
CORPORATE TACO BELL / YUM BRANDS GUARANTEE
Marketing description
Desirable NNN CORPORATE GUARANTEE from TACO BELL / YUM BRANDS!
Excellent Location with great visibility!
Outparcel to the busy 361,000 SF Cleveland Mall
No hassle investment with NO Landlord responsibilities!
Investment highlights
- Brand New 2023 Construction (New Prototype Location)
- Over 30,000 Vehicles Per Day on East Dixon Boulevard (I-74)
- Excellent Visibility & Frontage Along I-74 (East Dixon Blvd) - The Major Thoroughfare Going from Shelby to Downtown Charlotte
- 20-Year Absolute NNN CORPORATE GUARANTEE with 10% Rental Increases Every 5-Years
- Outparcel to The Cleveland Mall, a 361,000 SF Power Center Anchored by AMC, Marshalls, Belk, Dunham’s Sports, Burkes Outlet, Dollar Tree,, Chick-Fil-A
- Corporately Guaranteed Lease by Taco Bell (NYSE: YUM) w/ Over $5.5 Billion in Revenue & Market Cap of $33.65 Billion
- Please call 704-962-6694 for any questions or additional information.
Listing Contacts
Serenity Property Management LLC
Listed by Serenity Property Management LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,500.00
$5,291.67/mo
Valuation Metrics
0
DSCR
4.38%
Cap Rate
4.38%
ROI
Map
Zoning
GB CommercialGeneral CommercialGeneral Business
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View all 326 uses Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics
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