HIGHLIGHTS
- New 15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
- Relocation of High-Performing Store Across the Street, Proven Concept in Trade Area
- Strong Guaranty (96+ Locations), a Wholly Owned Subsidiary of the Flynn Group
- Flynn Group is the World’s Largest Franchisee Operator of Restaurants and 3rd Largest Taco Bell Franchisee
- Average Unit-Level Sales of $2.2+ Million for Taco Bell, Equates to 4.3% Rent-to-Sales Ratio at This Location
- Significant Tenant Investment to Build Modern Taco Bell Prototype Design with a Drive-Thru
FOR SALE DETAILS
PRICE
$1,900,000 USD
PRICE/SF
$523 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Taco Bell Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding, Storefront, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
33
LAND DETAILS
LAND ACRES
1.35 AC
LAND SF
58,806 SF
ZONING
C-3
APN/PARCEL ID
49-04-23-103-025.000-600
ASK ABOUT THIS PROPERTY
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858-373-3174
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Please correct the highlighted field(s).
858-373-3174
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
