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Restaurant

Taco Bell (Tampa MSA)

17077 State Rd 52, Spring Hill, FL 34610

Listing Price: $2,571,500

Cap Rate
5.25%
Tenant Name
Taco Bell
Years Remaining On Lease
25.0
Gross SF
2,246
Guarantor
Franchisee Guarantee
Rentable SF
2,246
Price/Gross SF
$1,144.92
Lease Type
NNN Ground Lease
Rent Per Square Feet
$60.11

Investment Overview

Marcus & Millichap is pleased to present this newly constructed single-tenant Taco Bell on a signalized corner of the newly widened six-lane SR-52 corridor. The asset features a modern 2,246 SF prototype with drive-thru on ±0.96 acres while offering excellent visibility, and easy in and-out for both eastbound and westbound traffic. The site sits in the path of growth within the Tampa MSA, adjacent to the Angeline master-planned community and minutes from Moffitt’s Speros campus both of which provide powerful, long-duration drivers of daily visits.

The tenancy is backed by a seasoned Taco Bell franchisee with approximately 37 Florida locations. The lease is a brand-new 25-year NNN ground lease with four (4) five-year options. Contractual 8% rent increases every five years throughout the base and options provide durable, built-in income growth.

The location pairs scarce, signalized-corner real estate with demand fundamentals: a high-traffic commuter artery, strong surrounding residential density, and daily-needs co-tenancy along SR-52. The combination of new construction, drive-thru orientation, and true passive lease attributes makes this offering highly attractive for investors seeking stable cash flow in a supply constrained submarket of the Tampa metro.

Investment Highlights

  • 25-year, Triple Net (NNN) Ground Lease
  • Brand new construction with drive-thru
  • Located at a traffic-lit intersection along newly widened six-lane corridor
  • Operator is an experienced Taco Bell franchisee which operates approximately 37 Taco Bell locations primarily located in Tampa/St. Petersburg and Orlando markets
  • In the path of growth within the high-growth Tampa MSA (+51.6k net new residents 2022–2023)
  • Significant residential and medical development in the immediate area

Exclusively Listed By

Restaurant

Taco Bell (Tampa MSA)

Listing Price: $2,571,500

Cap Rate
5.25%
Tenant Name
Taco Bell
Years Remaining On Lease
25.0
Gross SF
2,246
Guarantor
Franchisee Guarantee
Rentable SF
2,246
Price/Gross SF
$1,144.92
Lease Type
NNN Ground Lease
Rent Per Square Feet
$60.11

Investment Highlights

  • 25-year, Triple Net (NNN) Ground Lease
  • Brand new construction with drive-thru
  • Located at a traffic-lit intersection along newly widened six-lane corridor
  • Operator is an experienced Taco Bell franchisee which operates approximately 37 Taco Bell locations primarily located in Tampa/St. Petersburg and Orlando markets
  • In the path of growth within the high-growth Tampa MSA (+51.6k net new residents 2022–2023)
  • Significant residential and medical development in the immediate area

Investment Overview

Marcus & Millichap is pleased to present this newly constructed single-tenant Taco Bell on a signalized corner of the newly widened six-lane SR-52 corridor. The asset features a modern 2,246 SF prototype with drive-thru on ±0.96 acres while offering excellent visibility, and easy in and-out for both eastbound and westbound traffic. The site sits in the path of growth within the Tampa MSA, adjacent to the Angeline master-planned community and minutes from Moffitt’s Speros campus both of which provide powerful, long-duration drivers of daily visits. The tenancy is backed by a seasoned Taco Bell franchisee with approximately 37 Florida locations. The lease is a brand-new 25-year NNN ground lease with four (4) five-year options. Contractual 8% rent increases every five years throughout the base and options provide durable, built-in income growth. The location pairs scarce, signalized-corner real estate with demand fundamentals: a high-traffic commuter artery, strong surrounding residential density, and daily-needs co-tenancy along SR-52. The combination of new construction, drive-thru orientation, and true passive lease attributes makes this offering highly attractive for investors seeking stable cash flow in a supply constrained submarket of the Tampa metro.

Exclusively Listed By

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