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Restaurant

Taco Bell

63 Ohio River Plaza, Gallipolis, OH 45631

Listing Price: $2,757,000

Cap Rate
5.15%
Tenant Name
Taco Bell
Years Remaining On Lease
18.2
Gross SF
2,053
Guarantor
Franchisee Guarantee
Rentable SF
2,053
Price/Gross SF
$1,342.91
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$69.17

Investment Overview

• Long-Term 18-Year Triple-Net Lease with 7.5% Increases Every Five Year in the Base Term and Each of the Five Five-Year Options to Renew • Located on an Outparcel of Large Retail Center along Gallipolis’ Scenic River Byway with Numerous National Tenants • Restaurant Boasts Strong Sales. Only Taco Bell within 30-Mile Radius • Restaurant Operated by AG Bells, part of a multi-brand franchisee operating Taco Bells, Burger Kings, Little Caesars and Church’s Chicken in Multiple States • Frontage Road (Ohio River Scenic Byway/SR 7) Merges and Connects Across State Lines, Linking Hundreds of Miles of Riverfront Towns from Pittsburg to Cincinnati • The Restaurant has been a Long-Time Staple with Established Historical Presence of more than 20 Years Serving Gallipolis and Other Nearby Towns • True Triple-Net Lease with No Landlord Responsibilities. Three Points of Ingress/Egress Connecting to the Rural King and Retail Center

Investment Highlights

  • 18-Year Triple-Net Lease with Five Five-Year Options
  • Outstanding Sales | Established Historical Presence of More Than 20 Years
  • Strong Guarantee from Multi-Brand Operator

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Listing Price: $2,757,000

Cap Rate
5.15%
Tenant Name
Taco Bell
Years Remaining On Lease
18.2
Gross SF
2,053
Guarantor
Franchisee Guarantee
Rentable SF
2,053
Price/Gross SF
$1,342.91
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$69.17

Investment Highlights

  • 18-Year Triple-Net Lease with Five Five-Year Options
  • Outstanding Sales | Established Historical Presence of More Than 20 Years
  • Strong Guarantee from Multi-Brand Operator

Investment Overview

• Long-Term 18-Year Triple-Net Lease with 7.5% Increases Every Five Year in the Base Term and Each of the Five Five-Year Options to Renew • Located on an Outparcel of Large Retail Center along Gallipolis’ Scenic River Byway with Numerous National Tenants • Restaurant Boasts Strong Sales. Only Taco Bell within 30-Mile Radius • Restaurant Operated by AG Bells, part of a multi-brand franchisee operating Taco Bells, Burger Kings, Little Caesars and Church’s Chicken in Multiple States • Frontage Road (Ohio River Scenic Byway/SR 7) Merges and Connects Across State Lines, Linking Hundreds of Miles of Riverfront Towns from Pittsburg to Cincinnati • The Restaurant has been a Long-Time Staple with Established Historical Presence of more than 20 Years Serving Gallipolis and Other Nearby Towns • True Triple-Net Lease with No Landlord Responsibilities. Three Points of Ingress/Egress Connecting to the Rural King and Retail Center

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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