Listed by Matthews
$3,440,151
Taco Bell | Abs NNN | EXTREMELY STRONG SALES
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,252
Cap Rate 6.1%
NOI $209,849
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, McDonald's
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 07/31/2034
Remaining Term 8
Rent Bumps Yes
Lease Options Four, 5-Year Options
Class B
Year Renovated 2021
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 08/01/2014
Ground Lease No
Ownership Fee Simple
35 Year Operating History | New 20 Year Lease Signed in 2014
Investment highlights
Lease & Location Highlights
- ABS NNN Taco Bell backed by Charter Foods (±453 unit operator)
- ±8.25 years of remaining lease term, with four (4), five-year renewal options
- 35 year operating history with extremely strong sales (contact agent for details)
- Taco Bell signed a brand new 20-year lease in 2014 and remodeled the location in 2021, proving their long term commitment to the location and market
- Annual rent escalations of 1.5% support steady organic income growth
- Nearby national tenants include Autozone, Wendy's, Tractor Supply Company, Aldi, Walmart Supercenter, and many more
- Subject property benefits from a surrounding population of 28,874 residents & an average household income of $75,422 (5 Mile)
- Calcutta is on the border of PA and OH, with Pittsburgh being less than 50 miles away
Tenant Highlights
- Taco Bell is a globally recognized quick-service restaurant brand and a subsidiary of Yum! Brands, Inc., one of the largest restaurant companies in the world
- The brand operates thousands of locations across the United States, supported by a well-established franchise, Charter Foods and corporate network
- Taco Bell maintains a strong position within the QSR segment, benefiting from consistent consumer demand for value-oriented, convenient dining options
- Backed by Yum! Brands' extensive operational infrastructure and marketing platform, Taco Bell continues to demonstrate long-term brand strength and national market presence
Listing Contacts
Listed by Matthews
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$209,849.00
$17,487.42/mo
Valuation Metrics
0
DSCR
6.1%
Cap Rate
6.1%
ROI
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