Restaurant
Taco Bell - 350+ Unit Operator | Low Rent
931 Dolly Parton Pkwy, Sevierville, TN 37862
Listing Price: $2,550,000
Investment Overview
--Absolute NNN Lease with One of Taco Bell’s Largest Operators--
-Operated and Guaranteed by Tacala Tennessee Corp, a Subsidiary of the Tacala Company (350+ Taco Bell Locations)
-Tacala Fully Rebuilt the Subject Property in 2014, Proving Their Commitment to the Site
-The Subject Property Features 1% Annual Increases and Six, Five-Year Options, Providing for a Long-Term Easy-to-Own Investment
-Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
-Excellent Operating History - The Subject Property Has Operated Successfully as a Taco Bell for Nearly 20 Years
--Strong Real Estate Fundamentals--
-Excellent Exposure and Signage Along Dolly Parton Parkway (US-411) | Adjacent to the Signalized Intersection of US-411 and Veterans Boulevard (65,000 Cars Per Day)
-Sevierville (“Severe-ville”), TN is the County Seat of Sevier County – the City Benefits from a Strategic Location Along US-411 and is Located in Close Proximity to Vibrant Tourist Destinations such as the Great Smoky Mountains
-Excellent Location Along a Main Retail Thoroughfare – Dolly Parton Parkway Provides Easy Access to a Number of Retail Properties as Well as Sevierville Civic Center (City Hall, Community Center, and Bowling Center) in Addition to Sevier County High School and Junior High (2,500+ Students)
-Strong Surrounding Credit Tenant Presence Including A&W, KFC, Bojangles’, Wendy’s, McDonald’s, Food City, and Many More
-Infill Area – Daytime Population Counts Exceed 47,000 Within 5 Miles and Average Household Income Exceeds $80,000 Within 5 Miles
Investment Highlights
- 15 Years Remaining on an Absolute NNN Lease with Tacala Companies, One of the Largest Operators of Taco Bell Franchises (350+ Locations)
- Located on Dolly Parton Parkway, a Main Retail Thoroughfare with Traffic Counts Exceeding 65,000 Cars Per Day
- Absolute NNN Lease with Zero Landlord Responsibilities | Current Rent is Well Below Market at Just $114,770 Per Year
Exclusively Listed By
Broker of Record
Listing Price: $2,550,000
Investment Highlights
- 15 Years Remaining on an Absolute NNN Lease with Tacala Companies, One of the Largest Operators of Taco Bell Franchises (350+ Locations)
- Located on Dolly Parton Parkway, a Main Retail Thoroughfare with Traffic Counts Exceeding 65,000 Cars Per Day
- Absolute NNN Lease with Zero Landlord Responsibilities | Current Rent is Well Below Market at Just $114,770 Per Year
Investment Overview
--Absolute NNN Lease with One of Taco Bell’s Largest Operators-- -Operated and Guaranteed by Tacala Tennessee Corp, a Subsidiary of the Tacala Company (350+ Taco Bell Locations) -Tacala Fully Rebuilt the Subject Property in 2014, Proving Their Commitment to the Site -The Subject Property Features 1% Annual Increases and Six, Five-Year Options, Providing for a Long-Term Easy-to-Own Investment -Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Excellent Operating History - The Subject Property Has Operated Successfully as a Taco Bell for Nearly 20 Years --Strong Real Estate Fundamentals-- -Excellent Exposure and Signage Along Dolly Parton Parkway (US-411) | Adjacent to the Signalized Intersection of US-411 and Veterans Boulevard (65,000 Cars Per Day) -Sevierville (“Severe-ville”), TN is the County Seat of Sevier County – the City Benefits from a Strategic Location Along US-411 and is Located in Close Proximity to Vibrant Tourist Destinations such as the Great Smoky Mountains -Excellent Location Along a Main Retail Thoroughfare – Dolly Parton Parkway Provides Easy Access to a Number of Retail Properties as Well as Sevierville Civic Center (City Hall, Community Center, and Bowling Center) in Addition to Sevier County High School and Junior High (2,500+ Students) -Strong Surrounding Credit Tenant Presence Including A&W, KFC, Bojangles’, Wendy’s, McDonald’s, Food City, and Many More -Infill Area – Daytime Population Counts Exceed 47,000 Within 5 Miles and Average Household Income Exceeds $80,000 Within 5 Miles