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Restaurant

Taco Bell | 23+ Year Abs NNN

4786 TN-58, Chattanooga, TN 37416

Listing Price: $1,515,000

Cap Rate
4.00%
Tenant Name
Taco Bell
Years Remaining On Lease
23.4
Gross SF
2,916
Guarantor
Franchisee Guarantee
Rentable SF
2,916
Price/Gross SF
$519.55
Lease Type
Absolute Net
Rent Per Square Feet
$20.78

Investment Overview

Brand New Taco Bell with 23+ Year Absolute NNN Lease in Chattanooga, TN

Investment Highlights

  • Brand New Taco Bell with 23+ Year Absolute NNN Lease in Chattanooga, TN
  • Top-Tier Taco Bell Store per Placer.AI Data: Top 5% of All Locations Nationally and the #12 Store in Tennessee (205 Locations)
  • Very Low Rent for a Fast-Food Service Restaurant of $20.78 Per Square-Foot
  • Operating Successfully at Location for 20+ Years | Rebuilt to Newest Prototype in 2020
  • Operated by Tacala Companies | 300+ Locations Throughout 7 States | 14th Largest Taco Bell Franchisee (Source: Franchise Times, 2020)
  • Strong Access and Visibility to 39,400 Vehicles Per Day Along Highway 58
  • Property Features 800 Square-Foot of Outdoor Patio Seating with Partial Canopy Covering
  • One Percent Annual Rental Increases During the Base Term & Renewal Options

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Restaurant

Taco Bell | 23+ Year Abs NNN

Listing Price: $1,515,000

Cap Rate
4.00%
Tenant Name
Taco Bell
Years Remaining On Lease
23.4
Gross SF
2,916
Guarantor
Franchisee Guarantee
Rentable SF
2,916
Price/Gross SF
$519.55
Lease Type
Absolute Net
Rent Per Square Feet
$20.78

Investment Highlights

  • Brand New Taco Bell with 23+ Year Absolute NNN Lease in Chattanooga, TN
  • Top-Tier Taco Bell Store per Placer.AI Data: Top 5% of All Locations Nationally and the #12 Store in Tennessee (205 Locations)
  • Very Low Rent for a Fast-Food Service Restaurant of $20.78 Per Square-Foot
  • Operating Successfully at Location for 20+ Years | Rebuilt to Newest Prototype in 2020
  • Operated by Tacala Companies | 300+ Locations Throughout 7 States | 14th Largest Taco Bell Franchisee (Source: Franchise Times, 2020)
  • Strong Access and Visibility to 39,400 Vehicles Per Day Along Highway 58
  • Property Features 800 Square-Foot of Outdoor Patio Seating with Partial Canopy Covering
  • One Percent Annual Rental Increases During the Base Term & Renewal Options

Investment Overview

Brand New Taco Bell with 23+ Year Absolute NNN Lease in Chattanooga, TN

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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