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Restaurant

Taco Bell /KFC

12276 Hwy 231 431 N, Meridianville, AL 35759

Listing Price: $3,043,800

Cap Rate
6.50%
Tenant Name
Taco Bell / KFC
Years Remaining On Lease
10.1
Guarantor
Franchisee Guarantee
Rentable SF
3,507
Lease Type
Absolute Net
Rent Per Square Feet
$56.41

Investment Overview

Taco Bell Corp., a subsidiary of Yum! Brands, Inc., (NYSE: YUM), is the nation’s leading Mexican-inspired quick serve restaurant (QSR). Reported sales show that on average, Taco Bell serves 40 million customers
every week, and each unit generates $1.5 million in annual sales. KFC is a global chicken restaurant brand with a rich, decades-long history of success and innovation. Colonel Harland Sanders created
the original chicken recipe and founded the KFC brand more than 90 years ago. KBP Brands ("KBP") is one of the Top 100 Private Companies and Corporate Report 100 Fastest Growing Companies. Across its three brands, KBP operates 1,000+ restaurants in 28 states with 15,000+ employees.
Meridianville is an unincorporated community and census-designated place (CDP) in Madison County, Alabama, United States, and is included in the Huntsville–Decatur combined statistical area. As of the 2020 census, the population of the CDP was 8,209. It is the third largest community in Madison County by population after Huntsville and Madison.

Investment Highlights

  • 10 Years Remaining on Absolute Triple-Net (NNN) Lease - Drive Thru Location
  • 2% Annual Increases with Multiple Renewal Options
  • Located On Interstate 431 (26,513+ Cars Per Day)
  • Average Household Income Exceeds $113,000 in the Immediate Area
  • Within a 20-Minute Drive of Downtown Huntsville and The University of Alabama at Huntsville

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Listing Price: $3,043,800

Cap Rate
6.50%
Tenant Name
Taco Bell / KFC
Years Remaining On Lease
10.1
Guarantor
Franchisee Guarantee
Rentable SF
3,507
Lease Type
Absolute Net
Rent Per Square Feet
$56.41

Investment Highlights

  • 10 Years Remaining on Absolute Triple-Net (NNN) Lease - Drive Thru Location
  • 2% Annual Increases with Multiple Renewal Options
  • Located On Interstate 431 (26,513+ Cars Per Day)
  • Average Household Income Exceeds $113,000 in the Immediate Area
  • Within a 20-Minute Drive of Downtown Huntsville and The University of Alabama at Huntsville

Investment Overview

Taco Bell Corp., a subsidiary of Yum! Brands, Inc., (NYSE: YUM), is the nation’s leading Mexican-inspired quick serve restaurant (QSR). Reported sales show that on average, Taco Bell serves 40 million customers every week, and each unit generates $1.5 million in annual sales. KFC is a global chicken restaurant brand with a rich, decades-long history of success and innovation. Colonel Harland Sanders created the original chicken recipe and founded the KFC brand more than 90 years ago. KBP Brands ("KBP") is one of the Top 100 Private Companies and Corporate Report 100 Fastest Growing Companies. Across its three brands, KBP operates 1,000+ restaurants in 28 states with 15,000+ employees. Meridianville is an unincorporated community and census-designated place (CDP) in Madison County, Alabama, United States, and is included in the Huntsville–Decatur combined statistical area. As of the 2020 census, the population of the CDP was 8,209. It is the third largest community in Madison County by population after Huntsville and Madison.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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