Restaurant
Taco Bell
1114 League Line Rd, Conroe, TX 77303
Listing Price: $2,335,333
Cap Rate
4.50%
Tenant Name
Taco Bell
Years Remaining On Lease
21.5
Guarantor
Franchisee Guarantee
Rentable SF
2,730
Lease Type
Absolute Net
Rent Per Square Feet
$38.49
Investment Overview
1114 League Line Rd, Conroe, TX
Taco Bell
Investment Highlights
- Absolute-Net (Zero Landlord Responsibilities): 21+ Years Remaining on Lease with 1% Rental Increases Annually Which is an Excellent Hedge Against Inflation.
- Largest Taco Bell Franchisee & 14th Largest Restaurant Franchisee in Nation: Tacala Operates 335 Taco Bell Locations.
- Strong Location & Excellent Visibility: Taco Bell is Located on League Line Road (9,418 Vehicles Per Day) and Visible from Interstate-45 (83,520 Vehicles Per Day).
- Very Desirable Infill Location: Surrounded by Two Area Major Neighborhoods and within 5 Miles of Eight Schools with Over 9,700+ Students.
- 1.5 Miles West of Conroe Park North: 1,655 Acre Industrial Park Tenanted by Major Employers Such As FedEx, Five Below, Texas Tissue Converting, and Ball Metal Beverage Packing.
- Nearby National Tenants: Cavenders Boot City, Ross, JCPenney, Five Below, PetSmart, Kohl's, Applebee's, Buffalo WIid Wings, Maurices, Wendy's, Cracker Barrel, Jack in the Box, McDonald's, Waffle House, to Name a Few.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,335,333
Cap Rate
4.50%
Tenant Name
Taco Bell
Years Remaining On Lease
21.5
Guarantor
Franchisee Guarantee
Rentable SF
2,730
Lease Type
Absolute Net
Rent Per Square Feet
$38.49
Investment Highlights
- Absolute-Net (Zero Landlord Responsibilities): 21+ Years Remaining on Lease with 1% Rental Increases Annually Which is an Excellent Hedge Against Inflation.
- Largest Taco Bell Franchisee & 14th Largest Restaurant Franchisee in Nation: Tacala Operates 335 Taco Bell Locations.
- Strong Location & Excellent Visibility: Taco Bell is Located on League Line Road (9,418 Vehicles Per Day) and Visible from Interstate-45 (83,520 Vehicles Per Day).
- Very Desirable Infill Location: Surrounded by Two Area Major Neighborhoods and within 5 Miles of Eight Schools with Over 9,700+ Students.
- 1.5 Miles West of Conroe Park North: 1,655 Acre Industrial Park Tenanted by Major Employers Such As FedEx, Five Below, Texas Tissue Converting, and Ball Metal Beverage Packing.
- Nearby National Tenants: Cavenders Boot City, Ross, JCPenney, Five Below, PetSmart, Kohl's, Applebee's, Buffalo WIid Wings, Maurices, Wendy's, Cracker Barrel, Jack in the Box, McDonald's, Waffle House, to Name a Few.
Investment Overview
1114 League Line Rd, Conroe, TX
Exclusively Listed By
Broker of Record
Financing By
