Restaurant
Taco Bell
935 N Daleville Ave, Daleville, AL 36322
Listing Price: $1,275,000
Investment Overview
This investment is a great opportunity for investors to create a stream of passive income, with zero landlord responsibility. Originally constructed in 1990, this building has undergone significant renovations in 2013. The current lease term on this property runs through October 11, 2033 and increases 1% in rent annually. Along with six remaining options to extend the lease of 5-years each. The property is currently leased to Tacala, LLC, the largest Taco Bell franchisee in the United States! Tacala, LLC operates over 350 Taco Bell locations across 7 states.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Listing Price: $1,275,000
Investment Highlights
- This restaurant was originally built in 1990 and underwent substantial renovation in 2013
- Lease on this property expires October 11, 2033 and it has 1% annual rent bumps.
- Population in a 5 mile radius is approximately 16,000.
Investment Overview
This investment is a great opportunity for investors to create a stream of passive income, with zero landlord responsibility. Originally constructed in 1990, this building has undergone significant renovations in 2013. The current lease term on this property runs through October 11, 2033 and increases 1% in rent annually. Along with six remaining options to extend the lease of 5-years each. The property is currently leased to Tacala, LLC, the largest Taco Bell franchisee in the United States! Tacala, LLC operates over 350 Taco Bell locations across 7 states.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
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