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Restaurant

Taco Bell Ground Lease | $1 Million Price Point

1962 Smoot Ave, Danville, WV 25053

Listing Price: $1,008,000

Cap Rate
5.00%
Tenant Name
Taco Bell
Years Remaining On Lease
13.3
Gross SF
1,960
Guarantor
Franchisee Guarantee
Rentable SF
1,960
Price/Gross SF
$514.29
Lease Type
NNN Ground Lease
Rent Per Square Feet
$25.71

Investment Overview

YUM! BRANDS, INC
• PUBLICLY TRADED ON NYSE

• APPROXIMATELY 1,500 FRANCHISEES

• 62,000 + LOCATIONS IN 155+ COUNTRIES/TERRITORIES

• SYSTEM-WIDE SALES OF $65.4 BILLION

• PARENT COMPANY OF TACO BELL, KFC, PIZZA HUT, AND HABIT BURGER & GRILL

TACO BELL
• 8,500+/- RESTAURANTS WORLDWIDE

• TACO BELL GENERATED OVER $17 BILLION TOTAL SALES GLOBALLY IN 2024

• NAMED #1 FRANCHISE ON ENTREPRENEUR’S FRANCHISE 500 LIST FIVE CONSECUTIVE
YEARS (2021–2025)

LITTLE GENERAL STORES, INC.
• OPERATE 115 CONVENIENCE STORES AND ARE FUEL DISTRIBUTORS FOR EXXON
AND MARATHON

• FRANCHISEES AND OPERATE THE FOLLOWING BRANDED FOOD SERVICE OPERATIONS:
SUBWAY, ARBY’S, GODFATHER’S PIZZA, TACO BELL, BURGER KING, DUNKIN’, TERIYAKI
MADNESS AND BUFFALO WILD WINGS GO

• COMPANY FOUNDED IN 1975 | 50+ YEAR OPERATING HISTORY

Investment Highlights

  • LOW RENT GROUND LEASE | NO LANDLORD RESPONSIBILITIES
  • 13.5+ YEARS REMAINING ON INITIAL 20-YEAR TERM
  • 5% RENTAL INCREASES EVERY 5 YEARS IN PRIMARY TERM | 10% INCREASES EVERY 5-YEAR RENEWAL PERIOD
  • MULTI-CONCEPT FRANCHISEE | OPERATES 100+ LOCATIONS INCLUDING CONVENIENCE STORES/ QSRS
  • 2019 CONSTRUCTION
  • TACO BELL GENERATED OVER $17 BILLION TOTAL SALES GLOBALLY IN 2024

Broker of Record

  • Grant Fitzgerald

    Managing Director, Market Leader- Ohio

    (216) 264-2060

    License(s) WV: WVB250301068

    West Virginia

Restaurant

Taco Bell Ground Lease | $1 Million Price Point

Listing Price: $1,008,000

Cap Rate
5.00%
Tenant Name
Taco Bell
Years Remaining On Lease
13.3
Gross SF
1,960
Guarantor
Franchisee Guarantee
Rentable SF
1,960
Price/Gross SF
$514.29
Lease Type
NNN Ground Lease
Rent Per Square Feet
$25.71

Investment Highlights

  • LOW RENT GROUND LEASE | NO LANDLORD RESPONSIBILITIES
  • 13.5+ YEARS REMAINING ON INITIAL 20-YEAR TERM
  • 5% RENTAL INCREASES EVERY 5 YEARS IN PRIMARY TERM | 10% INCREASES EVERY 5-YEAR RENEWAL PERIOD
  • MULTI-CONCEPT FRANCHISEE | OPERATES 100+ LOCATIONS INCLUDING CONVENIENCE STORES/ QSRS
  • 2019 CONSTRUCTION
  • TACO BELL GENERATED OVER $17 BILLION TOTAL SALES GLOBALLY IN 2024

Investment Overview

YUM! BRANDS, INC • PUBLICLY TRADED ON NYSE • APPROXIMATELY 1,500 FRANCHISEES • 62,000 + LOCATIONS IN 155+ COUNTRIES/TERRITORIES • SYSTEM-WIDE SALES OF $65.4 BILLION • PARENT COMPANY OF TACO BELL, KFC, PIZZA HUT, AND HABIT BURGER & GRILL TACO BELL • 8,500+/- RESTAURANTS WORLDWIDE • TACO BELL GENERATED OVER $17 BILLION TOTAL SALES GLOBALLY IN 2024 • NAMED #1 FRANCHISE ON ENTREPRENEUR’S FRANCHISE 500 LIST FIVE CONSECUTIVE YEARS (2021–2025) LITTLE GENERAL STORES, INC. • OPERATE 115 CONVENIENCE STORES AND ARE FUEL DISTRIBUTORS FOR EXXON AND MARATHON • FRANCHISEES AND OPERATE THE FOLLOWING BRANDED FOOD SERVICE OPERATIONS: SUBWAY, ARBY’S, GODFATHER’S PIZZA, TACO BELL, BURGER KING, DUNKIN’, TERIYAKI MADNESS AND BUFFALO WILD WINGS GO • COMPANY FOUNDED IN 1975 | 50+ YEAR OPERATING HISTORY

Broker of Record

  • Grant Fitzgerald

    Managing Director, Market Leader- Ohio

    (216) 264-2060

    License(s): WV: WVB250301068

    West Virginia

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