Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Taco Bell located at 2403 E Wabash St in Frankfort, Indiana (the “Property”). The Property is improved by a 2,209 square foot building on a 1.45-acre parcel of land with a drive through. Taco Bell has been at this location since 2006, executing multiple lease extensions, demonstrating their commitment to the site and market. Taco Bell has over 4.5 years remaining on their Absolute NNN Lease with two (2), 5-year renewal options. The lease calls for attractive 2% rent increases at the beginning of each year remaining on the original lease term.
Taco Bell is strategically positioned along E Wabash Street in Frankfort, Indiana, one of the city’s primary commercial corridors and commuter thoroughfares. The Property benefits from strong visibility, convenient access, and exposure to approximately 13,200 vehicles per day along Wabash Street, positioning Taco Bell to capture consistent daily traffic from local residents, commuters, and students. The Property is situated directly across from major shopping and service destinations, including Walmart Supercenter and ALDI, as well as Frankfort High School and Frankfort Middle School, which serve as significant traffic generators. The surrounding retail corridor also includes Applebee’s, Arby’s, Burger King, Papa John’s, Murphy USA, Regions Bank, and Shell, creating a concentrated mix of national retailers, restaurants, financial services, and convenience-oriented businesses that reinforce the area as Frankfort’s primary commercial hub. Additionally, Taco Bell’s drive-thru, late-night operating hours, and delivery service further enhance its ability to capture customers throughout the day and evening.