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Restaurant

Taco Bell

2170 E National Ave, Brazil, IN 47834

Listing Price: $1,976,000

Cap Rate
5.00%
Tenant Name
Taco Bell
Years Remaining On Lease
10.8
Gross SF
1,992
Guarantor
No Guarantee
Rentable SF
1,992
Price/Gross SF
$991.97
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$49.62

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale, Taco Bell located in Brazil, Indiana. Taco Bell has an absolute triple-net lease with zero landlord responsibilities with 10.8 years remaining. There are 1.5 percent annual rent increases in the current term and 2 percent increases in option. Taco Bell is being offered for $1,976,000.

Investment Highlights

  • Taco Bell Absolute Triple-Net Lease with 10.8 Years Remaining in Brazil, Indiana
  • Top-Tier Franchisee: Bell American Group – 3rd Largest Taco Bell Franchisee with 282 Taco Bell Units in Nine States
  • Sales Figures Equate to $927 per Square Foot and a Low 5.8 Percent Rent-to-Sales Ratio
  • Bell American Group is Wholly Owned by Flynn Restaurant Group, a Top Restaurant Franchisee in the U.S. with Over 2,200 Restaurants Franchised Throughout 44 States and $4 Billion in Annual Revenue
  • Expressed Strong Commitment to Site via Recent 12-Year Extension of Original 15-Year Lease that Commenced in 2006, Taking Current Lease Term into 2033
  • Shadowed by Only Walmart in Market – Located Directly Along Walmart's Main Entrance Drive

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Listing Price: $1,976,000

Cap Rate
5.00%
Tenant Name
Taco Bell
Years Remaining On Lease
10.8
Gross SF
1,992
Guarantor
No Guarantee
Rentable SF
1,992
Price/Gross SF
$991.97
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$49.62

Investment Highlights

  • Taco Bell Absolute Triple-Net Lease with 10.8 Years Remaining in Brazil, Indiana
  • Top-Tier Franchisee: Bell American Group – 3rd Largest Taco Bell Franchisee with 282 Taco Bell Units in Nine States
  • Sales Figures Equate to $927 per Square Foot and a Low 5.8 Percent Rent-to-Sales Ratio
  • Bell American Group is Wholly Owned by Flynn Restaurant Group, a Top Restaurant Franchisee in the U.S. with Over 2,200 Restaurants Franchised Throughout 44 States and $4 Billion in Annual Revenue
  • Expressed Strong Commitment to Site via Recent 12-Year Extension of Original 15-Year Lease that Commenced in 2006, Taking Current Lease Term into 2033
  • Shadowed by Only Walmart in Market – Located Directly Along Walmart's Main Entrance Drive

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale, Taco Bell located in Brazil, Indiana. Taco Bell has an absolute triple-net lease with zero landlord responsibilities with 10.8 years remaining. There are 1.5 percent annual rent increases in the current term and 2 percent increases in option. Taco Bell is being offered for $1,976,000.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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