Restaurant
Taco Bell
3887 Washington Rd, McMurray, PA 15317
Listing Price: $1,660,000
Investment Overview
Taco Bell Absolute Triple-Net Ground Lease with 14 Years Remaining in McMurray, PA. Constructed In 2015 | Modern QSR Prototype With Drive-Thru | Limited Near-Term Capex. Located Along Washington Road
With Over 24,000 Vehicles per Day | Primary Retail Corridor With Strong Visibility. Outparcel To Dense Retail Corridor Featuring Giant Eagle, TJ Maxx, Five Below, Chase, Walgreens And Additional National Tenants. Positioned Within Affluent South Pittsburgh Submarket | Five-Mile AHHI Exceeding $136k.
Investment Highlights
- Taco Bell Absolute Triple-Net Ground Lease with 14 Years Remaining in McMurray, PA
- Established Franchisee: Charter Foods North, LLC – Over 200 Unit Operator Across 13 States Within Yum! Brands System
- Lease Entity Backed By Proven Regional Operator | Longstanding Franchise Relationship With Yum! Brands
- Ten Percent Rent Increases Every Five Years | Built-In NOI Growth Throughout Base Term And Option
- Remaining Lease Term Through 2040 With Additional Four-Year Option Long-Term Cash Flow Visibility
- Absolute Triple-Net Ground Lease Structure – Tenant Responsible For All Expenses Including Roof And Structure
- Constructed In 2015 | Modern QSR Prototype With Drive-Thru | Limited Near-Term Capex
- Charter Foods Platform Generates Over $200M In Annual Revenue | Scaled Multi-Brand Operator With Taco Bell, KFC, And More
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By
Listing Price: $1,660,000
Investment Highlights
- Taco Bell Absolute Triple-Net Ground Lease with 14 Years Remaining in McMurray, PA
- Established Franchisee: Charter Foods North, LLC – Over 200 Unit Operator Across 13 States Within Yum! Brands System
- Lease Entity Backed By Proven Regional Operator | Longstanding Franchise Relationship With Yum! Brands
- Ten Percent Rent Increases Every Five Years | Built-In NOI Growth Throughout Base Term And Option
- Remaining Lease Term Through 2040 With Additional Four-Year Option Long-Term Cash Flow Visibility
- Absolute Triple-Net Ground Lease Structure – Tenant Responsible For All Expenses Including Roof And Structure
- Constructed In 2015 | Modern QSR Prototype With Drive-Thru | Limited Near-Term Capex
- Charter Foods Platform Generates Over $200M In Annual Revenue | Scaled Multi-Brand Operator With Taco Bell, KFC, And More
Investment Overview
Taco Bell Absolute Triple-Net Ground Lease with 14 Years Remaining in McMurray, PA. Constructed In 2015 | Modern QSR Prototype With Drive-Thru | Limited Near-Term Capex. Located Along Washington Road With Over 24,000 Vehicles per Day | Primary Retail Corridor With Strong Visibility. Outparcel To Dense Retail Corridor Featuring Giant Eagle, TJ Maxx, Five Below, Chase, Walgreens And Additional National Tenants. Positioned Within Affluent South Pittsburgh Submarket | Five-Mile AHHI Exceeding $136k.
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By