Restaurant
Taco Bell
6210 Lee Hwy, Chattanooga, TN 37421
Listing Price: $2,682,743
Cap Rate
5.25%
Tenant Name
Tacala Tennessee Corp.
Years Remaining On Lease
20.5
Guarantor
Franchisee Guarantee
Rentable SF
2,609
Lease Type
Absolute Net
Rent Per Square Feet
$53.98
Investment Overview
The subject property is a single tenant Taco Bell operating under the original 23-year absolute NNN lease with approximately 19-years remaining. The lease offers favorable 1.5% annual rent increases.
Investment Highlights
- Absolute NNN Lease with 19+ Years Remaining
- Tacala LLC Location (380 Units)
- Chattanooga Infill Location | Situated Along Main Thoroughfare
Exclusively Listed By
Financing By
Listing Price: $2,682,743
Cap Rate
5.25%
Tenant Name
Tacala Tennessee Corp.
Years Remaining On Lease
20.5
Guarantor
Franchisee Guarantee
Rentable SF
2,609
Lease Type
Absolute Net
Rent Per Square Feet
$53.98
Investment Highlights
- Absolute NNN Lease with 19+ Years Remaining
- Tacala LLC Location (380 Units)
- Chattanooga Infill Location | Situated Along Main Thoroughfare
Investment Overview
The subject property is a single tenant Taco Bell operating under the original 23-year absolute NNN lease with approximately 19-years remaining. The lease offers favorable 1.5% annual rent increases.
Exclusively Listed By
Financing By