Restaurant
Taco Bell
1023 Paris Rd, Mayfield, KY 42066
Listing Price: $1,733,000
Cap Rate
5.50%
Tenant Name
K-MAC Enterprises, Inc.
Years Remaining On Lease
7.6
Gross SF
1,592
Guarantor
Franchisee Guarantee
Rentable SF
1,592
Price/Gross SF
$1,088.57
Lease Type
Absolute Net
Rent Per Square Feet
$59.87
Investment Overview
This is a great opportunity to acquire an attractive Taco Bell.
Investment Highlights
- Over 7.5 years remaining on absolute NNN lease
- Lease calls for 1.0% annual rent increases
- Leased to K-MAC Enterprises, Inc. the 3rd largest Taco Bell franchisee
Exclusively Listed By
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio
Listing Price: $1,733,000
Cap Rate
5.50%
Tenant Name
K-MAC Enterprises, Inc.
Years Remaining On Lease
7.6
Gross SF
1,592
Guarantor
Franchisee Guarantee
Rentable SF
1,592
Price/Gross SF
$1,088.57
Lease Type
Absolute Net
Rent Per Square Feet
$59.87
Investment Highlights
- Over 7.5 years remaining on absolute NNN lease
- Lease calls for 1.0% annual rent increases
- Leased to K-MAC Enterprises, Inc. the 3rd largest Taco Bell franchisee
Investment Overview
This is a great opportunity to acquire an attractive Taco Bell.
Exclusively Listed By
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio