32605 Skinner Ave, Leesburg, FL 34788
Marcus & Millichap is proud to market the Taco Bell absolute net leased restaurant property located in Leesburg, Florida. The 2017 construction building is leased by 20 unit franchisee operator US Leaders Restaurants Inc. US Leaders is owned by Sailormen, Inc., the nation’s largest franchisee of Taco Bell and Popeye’s. US Leaders currently operates the bulk of their units in the greater Orlando, FL area. The lease has 11.5 years remaining on a 15 year original term with 10 percent base rental increases every 5 years. The tenant also collects billboard income further lowering their expense budget. Located on busy Skinner Avenue, this property is in the heart of a retail corridor that boasts over 35,000 cars daily along the avenue. This is an ideal management free investment for buyers looking for a Covid-proof drive-thru concept in this current health climate.
Marcus & Millichap is proud to market the Taco Bell absolute net leased restaurant property located in Leesburg, Florida. The 2017 construction building is leased by 20 unit franchisee operator US Leaders Restaurants Inc. US Leaders is owned by Sailormen, Inc., the nation’s largest franchisee of Taco Bell and Popeye’s. US Leaders currently operates the bulk of their units in the greater Orlando, FL area. The lease has 11.5 years remaining on a 15 year original term with 10 percent base rental increases every 5 years. The tenant also collects billboard income further lowering their expense budget. Located on busy Skinner Avenue, this property is in the heart of a retail corridor that boasts over 35,000 cars daily along the avenue. This is an ideal management free investment for buyers looking for a Covid-proof drive-thru concept in this current health climate.
