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Restaurant

Taco Bell | Absolute NNN Ground Lease

16494 Conneaut Lake Rd, Meadville, PA 16335

Listing Price: $1,200,000

Cap Rate
5.00%
Tenant Name
Charter Foods North, LLC
Years Remaining On Lease
24.6
Guarantor
Franchisee Guarantee
Rentable SF
2,530
Lease Type
Ground Lease
Rent Per Square Feet
$23.72

Investment Overview

The subject property is an absolute NNN ground leased Taco Bell located in Meadville, Pennsylvania. The property is adjacent to ALDI and newly-built Sheetz and is situated along a major commercial corridor,
offering excellent visibility and accessibility.

Investment Highlights

  • Absolute NNN Ground Lease
  • Tenant Operates 440 Yum! Brand locations
  • 2024 Construction

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Restaurant

Taco Bell | Absolute NNN Ground Lease

Listing Price: $1,200,000

Cap Rate
5.00%
Tenant Name
Charter Foods North, LLC
Years Remaining On Lease
24.6
Guarantor
Franchisee Guarantee
Rentable SF
2,530
Lease Type
Ground Lease
Rent Per Square Feet
$23.72

Investment Highlights

  • Absolute NNN Ground Lease
  • Tenant Operates 440 Yum! Brand locations
  • 2024 Construction

Investment Overview

The subject property is an absolute NNN ground leased Taco Bell located in Meadville, Pennsylvania. The property is adjacent to ALDI and newly-built Sheetz and is situated along a major commercial corridor, offering excellent visibility and accessibility.

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

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