2859 Memorial Pky NW - Fast Food FOR SALE


Huntsville, AL 35810
$2,730,000 USD
415-852-5177
2859 Memorial Pky NW, Huntsville, AL for Sale
$2,730,000 USD
Fast Food - FOR SALE
1/8
null | 5% Cap Rate

2859 Memorial Pky NW
Huntsville, AL 35810


HIGHLIGHTS

  • New 25-year absolute NNN to Taco Bell, the world’s largest Mexican-inspired restaurant chain
  • Annual 1% rent increases deliver steady growth through the initial term and six (6) five-year options
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment
  • Lease to Tacala LLC, one of Taco Bell’s largest operators with over 350 units
  • Taco Bell serves over two billion customers each year
  • In 2024, Taco Bell experienced strong growth, including a milestone $1 billion in profit and increases in both U.S. and international sales

OVERVIEW

Prime Retail Location: High-visibility and easily accessible location near the signalized intersection of Memorial Parkway(U.S. Route 431) and Sparkman Drive (U.S. Route 72), which experiences a combined traffic count of 63,817 vehicles per day. Reliable Tenancy: In 2024, Taco Bell experienced strong growth, including a milestone $1 billion in profit and significant increases in both U.S. and international sales. Strong Demographic Base: The five-mile radius serves a populous region of 113,733, with an average annual household income of $83,905. Excellent Traffic Drivers: The property is surrounded by a vibrant mix of local and national retailers that drive Huntsville’s primary economic activity and resides 3.5 miles from Huntsville Hospital (881 beds, 20,000+ employees), one of Alabama’s largest employers. Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot. Growing Market Dynamics: Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Taco Bell and Huntsville for steady concurrent growth.

FOR SALE DETAILS

PRICE

$2,730,000 USD

PRICE/SF

$1,092 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

14-06-23-4-000-039.003

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.