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Restaurant

Taco Bell Ground Lease | New 15-Yr. Lease

132 N Green St, Henderson, KY 42420

Listing Price: $1,687,000

Cap Rate
4.15%
Tenant Name
Taco Bell
Years Remaining On Lease
14.6
Guarantor
Franchisee Guarantee
Rentable SF
1,968
Lease Type
NNN Ground Lease
Rent Per Square Feet
$35.57

Investment Overview

Marcus & Millichap is pleased to present the Taco Bell in Henderson, KY.

Investment Highlights

  • New 15-Year Absolute NNN Ground Lease, 10% Rental Increases Every 5 Years
  • Strong Guaranty (85+ Locations), Wholly Owned Subsidiary of Flynn Restaurant Group with $4+ Billion in Revenue
  • 3rd Largest Restaurant Operator in the U.S. with 2,363 Locations, Behind Only Chipotle and Starbucks
  • Brand New High-Quality Construction with a Drive-Thru
  • Centrally Located Between St. Louis, Nashville, Louisville, and Indianapolis
  • Serving Over 358,000 Residents in Evansville MSA
  • Hard Corner Location and Highly Visible to 23,910 Cars/Day, Just Off I-69 with Direct Access to Indianapolis
  • Adjacent to New High-Volume McDonald's and Surrounded by Many National Retailers

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Financing By

Restaurant

Taco Bell Ground Lease | New 15-Yr. Lease

Listing Price: $1,687,000

Cap Rate
4.15%
Tenant Name
Taco Bell
Years Remaining On Lease
14.6
Guarantor
Franchisee Guarantee
Rentable SF
1,968
Lease Type
NNN Ground Lease
Rent Per Square Feet
$35.57

Investment Highlights

  • New 15-Year Absolute NNN Ground Lease, 10% Rental Increases Every 5 Years
  • Strong Guaranty (85+ Locations), Wholly Owned Subsidiary of Flynn Restaurant Group with $4+ Billion in Revenue
  • 3rd Largest Restaurant Operator in the U.S. with 2,363 Locations, Behind Only Chipotle and Starbucks
  • Brand New High-Quality Construction with a Drive-Thru
  • Centrally Located Between St. Louis, Nashville, Louisville, and Indianapolis
  • Serving Over 358,000 Residents in Evansville MSA
  • Hard Corner Location and Highly Visible to 23,910 Cars/Day, Just Off I-69 with Direct Access to Indianapolis
  • Adjacent to New High-Volume McDonald's and Surrounded by Many National Retailers

Investment Overview

Marcus & Millichap is pleased to present the Taco Bell in Henderson, KY.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

Financing By

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