Restaurant
Taco Bell
1600 W State St, Baden, PA 15005
Listing Price: $1,300,000
Investment Overview
Marcus & Millichap is pleased to present a 2,280-square-foot Taco Bell located on a 0.75-acre parcel at a signalized intersection. The property is secured by a long-term NNN lease with 15 years remaining on the base term and features 10% rental increases every five years. The asset is operated by Charter Foods, a well-established franchisee with more than 200 locations across 12 states.
Taco Bell
Investment Highlights
- Long-term Lease: 15 years remaining and attractive 10% Rent Increases every Five (5) Years with Zero Landlord Responsibilities.
- Charter Foods LLC operates over 200 locations of Yum! Brands restaurants, including Taco Bell, KFC, and Long John Silver's across 12 States
- According to Placer.ai, the restaurant operating on W. State Street in Baden, PA ranks in the top 17% nationwide and top 25% statewide.
- Signalized hard corner of Economy Way and PA-65 (20,332 VPD)
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Listing Price: $1,300,000
Investment Highlights
- Long-term Lease: 15 years remaining and attractive 10% Rent Increases every Five (5) Years with Zero Landlord Responsibilities.
- Charter Foods LLC operates over 200 locations of Yum! Brands restaurants, including Taco Bell, KFC, and Long John Silver's across 12 States
- According to Placer.ai, the restaurant operating on W. State Street in Baden, PA ranks in the top 17% nationwide and top 25% statewide.
- Signalized hard corner of Economy Way and PA-65 (20,332 VPD)
Investment Overview
Marcus & Millichap is pleased to present a 2,280-square-foot Taco Bell located on a 0.75-acre parcel at a signalized intersection. The property is secured by a long-term NNN lease with 15 years remaining on the base term and features 10% rental increases every five years. The asset is operated by Charter Foods, a well-established franchisee with more than 200 locations across 12 states.
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
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