This offering features a ±9.6-year absolute NNN Taco Bell property located at 330 West Northside Drive in Jackson, Mississippi. The property operates under a long-term, financially secure lease structure with Pacific Bells, LLC, one of the largest Taco Bell franchisees in the United States. The tenant maintains 311+ locations across 11 states with robust corporate backing and a proven operational model. The absolute NNN lease provides investors with management-free ownership and 10% rental increases scheduled in 2031, alongside multiple five-year renewal options, ensuring predictable income growth for decades.
Strategically positioned less than a mile from Interstate 55, the property enjoys strong frontage along West Northside Drive with an estimated 14,000 vehicles daily and convenient access from North State Street. The site’s dedicated drive-thru and multiple access points enhance consumer convenience and traffic flow. Surrounded by over 350 multifamily units and national retailers like Walgreens, CVS, Dollar General, and McDonald’s, this asset benefits from dynamic demographics and steady consumer demand. The Jackson MSA, home to over 600,000 residents, serves as Mississippi’s economic and government hub, reinforcing the property’s long-term viability and income stability.