ATTRACTIVE LEASE FUNDAMENTALS
- 10% rent increases every 5 years and in option periods
- Abs. NNN providing zero landlord responsibilities
- Long 20 year term with 16 years remaining and 20 years of extensions
EXPERIENCED FRANCHISEE
- Operates 150+ Taco Bell and Dunkin’ locations nationwide
- Large-scale franchisee of this size benefits from diversified revenue across hundreds of stores
- Taco Bell generates $15B+ in US systemwide sales annually ranking them among the top-performing quick-service restaurant concepts by unit volume
REGIONAL ECONOMIC INVESTMENT
- Kentucky has secured $30B+ in private sector investment commitments since 2020
- Significant growth concentration in central Kentucky coming from manufacturing and distribution sectors
- State unemployment rate remains near historic lows
STRATEGIC REGIONAL CORRIDOR
- Positioned along Lincoln Pkwy (12,565 VPD) and south of Larue Middle School, High School and Hodgenville Elementary
- approx. 57 miles south of Louisville and close proximity to I-65
NEW BUILD
- 2021 built-to-suit with custom Taco Bell drive-thru
- Favorable historical placer data for QSR tenants currently operating in the area
CONSISTENT CONSUMER DEMAND
- Within a 5-mile radius the property serves 8,509 residents with average households incomes of $68,374
- QSR accounts for ~50% of total US restaurant traffic