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Restaurant

Taco Bell -Robinson IL - Abs NNN, Strong Sales, Over Ten Yrs Remain, Major Franchisee

1414 East Main Street, Robinson, IL 62454

Listing Price: $2,007,000

Cap Rate
5.25%
Tenant Name
Taco Bell
Years Remaining On Lease
10.5
Gross SF
2,019
Guarantor
No Guarantee
Rentable SF
2,019
Price/Gross SF
$994.06
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.18

Investment Overview

Marcus & Millichap is pleased to present for sale, Taco Bell located in Robinson, Illinois. Taco Bell is being offered for $2,007,000.

Investment Highlights

  • Taco Bell Absolute Triple-Net Lease with 10.6 Years Remaining in Robinson, Illinois
  • Top-Tier Franchisee: Bell American Group – Third Largest Taco Bell Franchisee with 282 Taco Bell Units in Nine States
  • Reported Strong Unit-Level Sales of $1.539 Million and EBITDA of $389,000 in 2021
  • Sales Figures Equate to a Low 6.8 Percent Rent-to-Sales Ratio
  • Lease Entity Consists of 80 Units and Reported Approximately $30 Million Net Worth as of Year End 2021
  • 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
  • 1.5 Percent Annual Rent Increases in Current Term and 2 Percent Increases in Options
  • Absolute Triple-Net Lease – Zero Landlord Responsibilities

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Restaurant

Taco Bell -Robinson IL - Abs NNN, Strong Sales, Over Ten Yrs Remain, Major Franchisee

Listing Price: $2,007,000

Cap Rate
5.25%
Tenant Name
Taco Bell
Years Remaining On Lease
10.5
Gross SF
2,019
Guarantor
No Guarantee
Rentable SF
2,019
Price/Gross SF
$994.06
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.18

Investment Highlights

  • Taco Bell Absolute Triple-Net Lease with 10.6 Years Remaining in Robinson, Illinois
  • Top-Tier Franchisee: Bell American Group – Third Largest Taco Bell Franchisee with 282 Taco Bell Units in Nine States
  • Reported Strong Unit-Level Sales of $1.539 Million and EBITDA of $389,000 in 2021
  • Sales Figures Equate to a Low 6.8 Percent Rent-to-Sales Ratio
  • Lease Entity Consists of 80 Units and Reported Approximately $30 Million Net Worth as of Year End 2021
  • 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
  • 1.5 Percent Annual Rent Increases in Current Term and 2 Percent Increases in Options
  • Absolute Triple-Net Lease – Zero Landlord Responsibilities

Investment Overview

Marcus & Millichap is pleased to present for sale, Taco Bell located in Robinson, Illinois. Taco Bell is being offered for $2,007,000.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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