3282 Reeves St - Fast Food FOR SALE


Dothan, AL 36303
$2,743,000 USD
949-506-2009
3282 Reeves St, Dothan, AL for Sale
$2,743,000 USD
Fast Food - FOR SALE
1/10
null | 5.25% Cap Rate

3282 Reeves St
Dothan, AL 36303


HIGHLIGHTS

  • New 25-Year Lease | Latest Taco Bell Prototype | Tacala Operator (370+ Units)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Nearby Multiple National/Credit Tenants | Adjacent to Dothan High School
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Taco Bell investment property located in Dothan, Alabama. The tenant, Tacala, LLC recently signed a brand-new 25-year lease with six (5-year) options to extend, demonstrating their long-term commitment to the site, with 23 years remaining on the primary term. The property features Taco Bell’s latest prototype design and is backed by a lease guaranteed by Tacala, LLC, one of the largest and most experienced Taco Bell operators in the country with over 370 locations across the Southeast and Texas.

FOR SALE DETAILS

PRICE

$2,743,000 USD

PRICE/SF

$970 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell | 23-Yr NNN | 370+ Unit Guaranty

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

B-2

APN/PARCEL ID

10-03-06-2-001-014-003

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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