Investment Overview

Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a single-tenant triple-net (NNN) ground lease Taco Bell, located at 4698 Highway W, Byrnes Mill, MO (the “Property”). Taco Bell has operated at this location since 1991 showing strong commitment and recently extended its lease early, with the primary term now running through 2031, offering over 7 years of lease remaining. The lease includes a 10 percent increase every 5 years in the original term and in the three 5-year renewal options to offset inflation. The Property features 2,097 square feet of rentable building area on approximately 0.69 acres of land. The location benefits from good demographics, with 27,660 residents within a five-mile radius and an average household income of around $86,725. The area is served by the Northwest R-I School District, which includes House Springs Elementary School, and Northwest High School. There are also private and parochial schools in the vicinity. Higher education options include Jefferson College in Hillsboro and various universities in the St. Louis area.