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Restaurant

Taco Bell Ashland

738b US-250, Ashland, OH 44805

Listing Price: $905,000

Cap Rate
5.25%
Tenant Name
Taco Bell
Years Remaining On Lease
14.9
Gross SF
2,126
Guarantor
Corporate Guarantee
Rentable SF
2,126
Price/Gross SF
$425.68
Lease Type
NNN Ground Lease
Rent Per Square Feet
$22.35

Investment Overview

Marcus & Millichap is pleased to present Taco Bell, an absolute triple-net ground lease with zero landlord responsibilities located in Ashland, Ohio. Freestanding drive-thru asset on 1.2 acre parcel. Optimal QSR site layout. High visibility location along US-250 with 15,000-plus vehicles per day. Strong traffic exposure. Positioned within established retail corridor adjacent to Walmart, Aldi, and National Qsr tenants. Strong retail synergy. Located directly off Interstate 71 on the way to Walmart.

Investment Highlights

  • Taco Bell Absolute NNN Ground Lease with Zero Landlord Responsibilities
  • 15 Years of Term Remaining | Long- Term Income Visibility | Limited Near-Term Rollover Risk
  • Corporate Guaranty From Taco Bell of America, LLC | Subsidiary of Yum! Brands | Investment Grade Credit Profile
  • New Construction 2020 Asset | Modern Prototype Design | Minimal Capital Expenditure Requirements
  • Below Market Ground Lease at Only $47,530 in Rent; Long Term Embedded Appreciate Potential
  • Scheduled Rent Increases Every Five Years | Built-In Income Growth | Hedge Against Inflation
  • Four Five-Year Renewal Options | Extended Long-Term Upside | Durable Cash Flow Profile

Exclusively Listed By

Financing By

Restaurant

Taco Bell Ashland

Listing Price: $905,000

Cap Rate
5.25%
Tenant Name
Taco Bell
Years Remaining On Lease
14.9
Gross SF
2,126
Guarantor
Corporate Guarantee
Rentable SF
2,126
Price/Gross SF
$425.68
Lease Type
NNN Ground Lease
Rent Per Square Feet
$22.35

Investment Highlights

  • Taco Bell Absolute NNN Ground Lease with Zero Landlord Responsibilities
  • 15 Years of Term Remaining | Long- Term Income Visibility | Limited Near-Term Rollover Risk
  • Corporate Guaranty From Taco Bell of America, LLC | Subsidiary of Yum! Brands | Investment Grade Credit Profile
  • New Construction 2020 Asset | Modern Prototype Design | Minimal Capital Expenditure Requirements
  • Below Market Ground Lease at Only $47,530 in Rent; Long Term Embedded Appreciate Potential
  • Scheduled Rent Increases Every Five Years | Built-In Income Growth | Hedge Against Inflation
  • Four Five-Year Renewal Options | Extended Long-Term Upside | Durable Cash Flow Profile

Investment Overview

Marcus & Millichap is pleased to present Taco Bell, an absolute triple-net ground lease with zero landlord responsibilities located in Ashland, Ohio. Freestanding drive-thru asset on 1.2 acre parcel. Optimal QSR site layout. High visibility location along US-250 with 15,000-plus vehicles per day. Strong traffic exposure. Positioned within established retail corridor adjacent to Walmart, Aldi, and National Qsr tenants. Strong retail synergy. Located directly off Interstate 71 on the way to Walmart.

Exclusively Listed By

Financing By

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