Property Details
Taco Bell NNN
- Price
- $1,700,000
- GRM
- GSI
- $0
- NOI
- $115,750
- CAP Rate
- 6.8
- Units
- 1
- Price/unit
- $1,700,000
- Square Footage
- 3,000
- Price/sqft
- $567
- Lot Size (sqft)
- 38,600
- Year Built
- 2010
Property Description
Multiple opportunities for various NNN Leased Taco Bell throughout the United States. Depending on the size and strength of the operator as well as the city, the cap rates vary between the low 6% range and just over 7% in some markets. We have a few opportunities available with 10-13 years remaining on each NNN Lease.
Very favorable rent escalations and a track record of strong store sales at all locations.
Taco Bell is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of Yum! Brands, Inc. Taco Bell serves more than 2 billion consumers each year in more than 5,500 restaurants in the U.S., more than 80 percent of which are owned and operated by independent franchisees.