Dune Investment Group LLC (“DUNE”) is pleased to offer the opportunity to acquire an absolute NNN free-standing Taco Bell restaurant in New Albany, Ohio. The tenant, MAS Restaurant Group, signed a 25-year ground lease in 2024 demonstrating their long-term commitment to the site. The lease features 8% rental increases every 5 years throughout the initial term and options, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. The property is now open and operating. The franchisee currently has 122 Taco Bell locations throughout Ohio and Texas and is the fastest growing Taco Bell franchisee in the country.
The Taco Bell is strategically positioned in the highest income suburb of Columbus, Ohio boasting 3-mile average household incomes of over $276,000. The site is located in the heart of the “Silicon Heartland” which is the fastest growing data center market in the nation and less than 2 miles from Intel’s new mega-campus for chip fabrications. With planned investment soaring to $28+ Billion, it is the largest single private-sector investment in Ohio’s history and is anticipated to generate 3,000+ white-collar and tech jobs with Intel. Furthermore, Amazon, Google and Meta have invested billions of dollars in data center campuses in a 1-mile radius.