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Restaurant

Taco Bell

5224 N Northwest Hwy, Chicago, IL 60630

Listing Price: $2,371,000

Cap Rate
5.65%
Tenant Name
Taco Bell
Years Remaining On Lease
24.7
Guarantor
Franchisee Guarantee
Rentable SF
2,232
Lease Type
Absolute Net
Rent Per Square Feet
$60.04

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Taco Bell restaurant situated on 0.30 acres with a 2,232-square-foot building. This is a brand-new 25 year triple net lease with five additional 5-year options, each featuring 7.5% rent increases every five (5) years.

Investment Highlights

  • 25-Year NNN Lease
  • Positioned at a signalized intersection at N. Northwest Highway and W. Foster Avenue, benefitting from a combined traffic count exceeding 31,800 vehicles per day
  • Chicago MSA - 9.4+ Million People in Trade Area

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Listing Price: $2,371,000

Cap Rate
5.65%
Tenant Name
Taco Bell
Years Remaining On Lease
24.7
Guarantor
Franchisee Guarantee
Rentable SF
2,232
Lease Type
Absolute Net
Rent Per Square Feet
$60.04

Investment Highlights

  • 25-Year NNN Lease
  • Positioned at a signalized intersection at N. Northwest Highway and W. Foster Avenue, benefitting from a combined traffic count exceeding 31,800 vehicles per day
  • Chicago MSA - 9.4+ Million People in Trade Area

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Taco Bell restaurant situated on 0.30 acres with a 2,232-square-foot building. This is a brand-new 25 year triple net lease with five additional 5-year options, each featuring 7.5% rent increases every five (5) years.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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